West Centre Town, ON K1Y 2S5,7 Lowrey ST
West Centre Town, ON K1Y 2S5,7 Lowrey ST
West Centre Town, ON K1Y 2S5,7 Lowrey ST
West Centre Town, ON K1Y 2S5,7 Lowrey ST
West Centre Town, ON K1Y 2S5,7 Lowrey ST
West Centre Town, ON K1Y 2S5,7 Lowrey ST
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$ 1,350,000
Est. payment | /mo

4 Beds

2 Baths


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$ 1,350,000
Est. payment | /mo
Save

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision 4202 - Hintonburg

MLS Listing ID X11970196

Style 2-Storey

Bedrooms 4

Annual Tax Amount $5,700

Tax Year 2024

Property Sub-Type Duplex

Property Description

*Prime Development Opportunity - Well-Maintained Duplex on Oversized Lot * Located just 350 meters (a 5-minute walk) from the Bayview O-Train stop, this rare 66' x 100' R4UB-zoned lot presents a prime opportunity for investors and developers alike. With a well-maintained duplex occupying only half the lot, the remaining 33 feet offers endless potential for future development. Zoning allows for a 4-storey, 8-unit building (buyer to verify). Property Highlights:Duplex with Two Updated 2-Bedroom Units. Unit 1: Renovated 2-bed, 1-bath with in-unit laundry, leased month-to-month at $1,600 to an exceptional long-term tenant. Unit 2: Owner-occupied for 25 years, offering a projected rent of $2,400-$2,500/month. Features two balconies with stunning views of the downtown skyline and Gatineau Hills.Two Hydro Meters. Key Upgrades: Furnace (2023), AC (~2013), Roof (~2013), Sewer, Drain & Water Lines Updated. Rewired. This is a rare chance to acquire a solid income property with significant development potential in a high-demand location. Steps from transit, minutes to downtown, and surrounded by future growth

Location

Province ON

County Ottawa

Community 4202 - Hintonburg

Area Ottawa

Zoning R4UB

Rooms

Basement Other

Kitchen 2

Interior

Interior Features Separate Hydro Meter

Cooling Central Air

Inclusions 2 refrigerators, 2 stoves, 2 dishwashers, 2 washers, 2 dryers

Exterior

Parking Features Detached

Garage Spaces 1.0

Pool None

View Downtown, Panoramic, Hills

Roof Type Rolled

Total Parking Spaces 3

Building

Foundation Stone

Lited by ENGEL & VOLKERS OTTAWA

GET MORE INFORMATION

agent

Sue Creed

Broker, Managing Director

+1(416) 903-2293

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7 Lowrey ST