249-251 JOFFRE-BELANGER WAY N
Ottawa, Ontario K1L5K9

$930,000

ID# X11906099
Prime investment opportunity in a cul-de-sac location perched on a hill in the heart of Vanier! This 5,479 ft corner lot with R4E zoning offers a multitude of development options, including custom front-back semis, multi-unit low-rise apartments, and more. The property currently features a fully rented triplex, providing steady cash flow during planning and redevelopment. Severance and minor variance approvals are pending Committee of Adjustment approval , making this an exceptional opportunity for investors and developers. Buyer to confirm and to pay all building approvals. Located just minutes from uOttawa, the Gatineau Bridge, parks, trails, Beechwood Village, and downtown Ottawa, this property boasts unparalleled convenience. Its proximity to shopping, schools, hospitals, and public transit enhances its appeal for future tenants or homeowners. With Vanier undergoing significant redevelopment, this property is a solid long-term hold for future growth and rezoning opportunities. Property sold as is with no warranties or guarantees. Dont miss this rare chance to own a strategically located, high-potential property in one of Ottawas most desirable rental markets! **** EXTRAS **** outdoor storage in the backyard (id:25961)
Courtesy of COLDWELL BANKER SARAZEN REALTY

Listed on: January 02, 2025

On market: 4 days
Bathroom Total 5
Bedrooms Total 11
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
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Kim LaRiccia

SALES REPRESENTATIVE

MCNE & RELOCATION SPECIALIST

Direct: 613.795.1915 kim@thinkhome.ca

Innovation Realty LTD

8221 Campeau Dr Unit B,

Kanata, ON K2T 0A2

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