8 Bedrooms

4 Bathrooms

1,500 - 2,000 sqft Interior

5 Parking spaces

66 X 99 Ft Lot size

2 days ago Listed

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About this home

RARE SUB-$1M DOUBLE-LOT INVESTMENT & DEVELOPMENT OPPORTUNITY IN BEECHWOOD VILLAGE. Landmark acquisition opportunity positioned just off Beechwood Avenue. Offered at $995,000, this expansive 66' x 100' double parcel (two tax rolls) represents one of the premier holdings in Vanier North/Beechwood Village. Ideal for both strategic buy-and-hold investors looking to capitalize on strong long-term appreciation and rental upside, or multi-family builders seeking immediate redevelopment value. Benefiting from City of Ottawa N4B H(11) zoning, the site supports an 11-metre (3-storey) height profile, offering a streamlined as-of-right path for an 8 to 12-unit residential project (~$99,500/door land basis). Features an outstanding street-level orientation with open corridor views and an exceptional walkability score-steps to Beechwood's dining, artisanal bakeries, boutique shops, and parks, plus a swift commute to Downtown Ottawa and Parliament Hill. A versatile asset with outstanding underlying land value in a proven, high-demand urban growth market. (id:28469)

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Facts & features

Property

MLS® Number: X14171048
Property Type: Multi-family
Community Name: 3402 - Vanier
Equipment Type: Water Heater
Parking Space Total: 5
Rental Equipment Type: Water Heater

Building

Bathroom Total: 4
Bedrooms Above Ground: 8
Bedrooms Total: 8
Basement Development: Unfinished
Basement Type: N/a (unfinished)
Cooling Type: None
Foundation Type: Stone
Heating Fuel: Electric
Heating Type: Baseboard Heaters
Stories Total: 2
Size Interior: 1,500 - 2,000 Sqft
Type: Duplex
Utility Water: Municipal Water

Parking

Detached Garage: —
Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 99 Ft
Size Frontage: 66 Ft
Size Irregular: 66 X 99 Ft
Size Total Text: 66 X 99 Ft
Zoning Description: N4b H(11)

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $4,406/mo
Ontario land transfer tax: $16,375 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Vanier market

66 Active listings

$699,900 Median asking price

42% above median This home

45 days Avg. time on market

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Location

34-40 Barrette Street, Ottawa, Ontario K1L 8A5 · Get directions

34-40 Barrette Street