249-251 Joffre-Belanger Way N Ottawa, Ontario K1L 5K9
$930,000
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:28469)
Property Details
| MLS® Number | X11906099 |
| Property Type | Single Family |
| Community Name | 3402 - Vanier |
| Features | Cul-de-sac, Lane |
| Parking Space Total | 7 |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 9 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 11 |
| Appliances | Water Heater, Refrigerator, Stove |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Exterior Finish | Stucco |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 5,000 - 100,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 95 Ft |
| Size Frontage | 55 Ft ,9 In |
| Size Irregular | 55.8 X 95 Ft |
| Size Total Text | 55.8 X 95 Ft |
| Zoning Description | R4e |
Utilities
| Cable | Available |
| Sewer | Installed |
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January 03 2025 07:22:36
Ottawa Real Estate Board
Coldwell Banker Sarazen Realty