Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

215 Desrosiers Street Ottawa, Ontario K1L 7T2

3 Bedroom 2 Bathroom 1,500 - 2,000 sqft
None Forced Air

$399,000

Prime Development Opportunity Under Ottawa's New Zoning Rules! Unlock the immense potential of this 33 x 99 ft lot, perfectly positioned in one of Ottawa's most rapidly revitalizing and dynamic neighbourhoods. With Ottawa's latest Official Plan and zoning updates highly encouraging "missing middle" housing, this new N4B H(11)-zoned (Zoning source from GeoOttawa) property offers an unprecedented opportunity to build maximum-density multi-unit residential developments. Envision a highly lucrative 4-plex, multi-unit stacked townhomes, or a small low-rise apartment building, taking full advantage of relaxed parking minimums to maximize your building footprint and ROI. Ideally located just minutes to downtown and steps to the paths along the riverfront, this location offers exceptional daily convenience. Daily essentials and amenities including Green Fresh Supermarket, Loblaws, and Tim Hortons are all within walking distance. This property seamlessly blends urban convenience with natural charm, guaranteeing strong appeal to premium tenants. A rare find for forward-thinking developers or investors looking to capitalize on a neighbourhood on the rise. The property is currently connected to water, electricity, and natural gas services, offering added convenience for your development or renovation plans. Buyers to perform their own due diligence regarding new zoning capabilities. Property sold in "as is, where is" condition, strictly for land value. Act now to secure this high-upside investment! (id:67947)

Property Details

MLS® Number X13821474
Property Type Single Family
Community Name 3402 - Vanier
Parking Space Total 6

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Basement Development Unfinished
Basement Type N/a (unfinished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stone, Stucco
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Sqft
Type House
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 99 Ft
Size Frontage 33 Ft
Size Irregular 33 X 99 Ft
Size Total Text 33 X 99 Ft

https://www.realtor.ca/real-estate/30320091/215-desrosiers-street-ottawa-3402-vanier

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Jun Yu, Coldwell Banker Sarazen Realty

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.