STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108


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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$899,900
Available - For Sale
Listing ID: X13810390
PRICED FOR LAND VALUE - EXCEPTIONAL DEVELOPMENT POTENTIAL! CORNER LOT! (125.46 feet by 77.49 feet). An outstanding opportunity for builders, developers and investors to capitalize on a property offering exciting future possibilities under N2E zoning. The value here is in the LAND and its redevelopment potential. Under the City of Ottawa's new zoning framework, N2 - Neighbourhood Zone 2 provides increased residential development flexibility, permitting a density of up to 1.5 dwelling units per 100 m of lot area, to a maximum of 6 dwelling units per building, subject to lot dimensions, servicing, setbacks and all applicable City requirements. The "E" subzone reflects a more suburban development pattern, including an 18-metre minimum lot width and 6-metre minimum front-yard setback. This creates an exciting opportunity to explore a variety of redevelopment concepts and residential configurations, making this an attractive land acquisition for those looking toward future intensification and long-term value. Buyers are encouraged to complete their own due diligence with the City of Ottawa regarding their intended development plans. The property is currently improved with a detached bungalow that is tenant-occupied, providing existing rental income while a purchaser explores future development opportunities. A property to buy for today, but with an eye firmly on tomorrow - LAND VALUE, INCOME and DEVELOPMENT POTENTIAL all in one! Current rental income is $4295/month and viewing will only be allowed upon acceptance of an offer since being sold for LAND POTENTIAL!
Price $899,900
Taxes: $4,986.65
Occupancy by: Tenant
Address: 119 Fieldrow Street , Meadowlands - Crestview and Area, K2G 2Y8, Ottawa
Directions/Cross Streets: Viewmount
Rooms: 8
Rooms +: 2
Bedrooms: 3
Bedrooms +: 2
Washrooms: 2
Family Room: F
Basement: Finished
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Lower
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Main
Washroom 7:  3 Lower
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3 Main
Washroom 12:  3 Lower
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Property Type: Detached
Style: Bungalow
Exterior: Stucco (Plaster)
Vinyl Siding
Garage Type: Detached
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 700-1100
Property Features: Park
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: N
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE PERFORMANCE REALTY

119 Fieldrow Street , Meadowlands - Crestview and Area, K2G 2Y8, Ottawa

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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At a Glance:
Type: Freehold - Detached
Area: Ottawa
Municipality: Meadowlands - Crestview and Area
Neighbourhood: 7302 - Meadowlands/Crestview
Style: Bungalow
Lot Size: x 77.49(Feet)
Approximate Age:
Tax: $4,986.65
Maintenance Fee: $0
Beds: 3+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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