Single-family detached home with R4D zoning and proposed new Ottawa Mainstreet 1 (MS1) commercial zoning, presenting a compelling opportunity for investors, developers, and land bankers. Currently configured as a single-family residence with potential for duplex conversion, providing immediate rental income opportunities while planning for future redevelopment. Situated on a desirable 50' x 100' lot, the property offers significant upside through a variety of permitted uses under existing R4D zoning, with additional future potential through the proposed MS1 designation. Municipal water and sewer services are available, and hydro servicing is in place, enhancing the site's development appeal. The existing home is comfortable and functional, making this an ideal buy-and-hold asset with income potential today and long-term redevelopment value for the future. (id:4069)
Address
200 WOODROFFE AVENUE
List Price
$998,000
Property Type
Vacant Land
Transaction Type
Sale
Area
Ontario
Sub-Area
Ottawa
Floor Area
5,000 Sq. Ft.
Lot Size
Bldg=50 x 100 FT Sq. Ft.
MLS® Number
X13162702
Listing Brokerage
RIGHT AT HOME REALTY
Postal Code
K2A3V4
Zoning
R4D
