Description
Situated on an oversized 66' x 88.5' double lot in the heart of Vanier, this rare purpose-built side-by-side duplex offers a unique combination of existing rental income and exceptional future development potential. Zoned R4UA, the property is uniquely configured with the entire duplex situated on one half of the lot, leaving the other half as largely vacant land - an increasingly rare opportunity in Ottawa's urban core. This highly flexible layout creates exciting possibilities for future intensification, redevelopment, expansion, or potential severance opportunities (buyer to verify with the City of Ottawa).The duplex consists of two 2-bedroom, 1-bathroom units, each with separate entrances and independently metered electrical service, separate hot water tanks, and separate washers and dryers. Current rents are well below market value, offering attractive future income upside, while the month-to-month tenancy structure provides flexibility. Whether you are seeking a strategic land holding opportunity, an income-producing property with substantial redevelopment possibilities, or a prime urban infill site with holding income already in place, 228 Carillon Street offers a rare range of options in one of Ottawa's rapidly evolving neighbourhoods. Ideally located close to downtown Ottawa, Beechwood Village, transit, parks, schools, shopping, and everyday amenities, this is a compelling opportunity for buyers looking to capitalize on the continued growth and intensification of the area. (id:13843)
Details
| MLS # | X13884022 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 11 |
| Listing Provided By | ROYAL LEPAGE PERFORMANCE REALTY | Rodney Den Dunnen |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,100 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R4UA |
Interior
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Block, Poured Concrete |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 5 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4879 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1L5X8 |
| Listing VS Median (in K1L5X8) | |
Price: $799,000 low | high Med: $799,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $726 low | high Med: $726 On site: 11 low | high Med: 11 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1L5X8 |
| Listing VS Median (in K1L5X8) | |
Price: $799,000 low | high Med: $799,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $726 low | high Med: $726 On site: 11 low | high Med: 11 | |