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$960,000
Est. payment /mo
1,500 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $640
Subdivision 4201 - Mechanicsville
MLS® Listing ID X12247433
Source Ottawa Real Estate Board
Property Description
Located in the vibrant and evolving community of Mechanicsville, this 50' x 97' lot offers a unique opportunity for investors, developers, or builders looking to tap into one of Ottawa's most connected urban neighbourhoods. The property currently features a duplex, providing holding income while you plan your next move. Zoned R4UD, the site offers versatile redevelopment potential, including low-rise multi-unit housing (8-10 units) or sever the lot into two 25' x 97' lots and build front/back semis on each! Just steps from Parkdale Avenue and the lively Hintonburg neighbourhood, you'll enjoy proximity to some of Ottawa's best local shops, cafés, and restaurants. The Kichi Zibi Mikan parkway and Bayview Station (LRT) are just around the corner, offering quick access to greenspace and the city's top transit hub. Whether you're building a new multi-unit development or land-banking for future appreciation, 133 Forward Avenue is a smart addition to any portfolio. Buyer to do due diligence, the existing building is being sold AS-IS for land value. Seller makes no representations or warranties related to zoning or future development. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer
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Listed by ENGEL & VOLKERS OTTAWA