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

11 Bobcat Way Street Ottawa, Ontario K2S 1P3

1 Bedroom 2 Bathroom 700 - 1,100 sqft

$899,000

*Email for more photos* RARE STITTSVILLE DEVELOPMENT & LAND-BANKING OPPORTUNITY! An exceptional 0.445-ACRE property WITHIN THE CITY offering approx. 149.2 FT OF FRONTAGE x 99.9 FT DEPTH and an impressive approx. 179 FT WIDTH across the rear-a remarkably wide parcel with exciting future possibilities. Located in established Stittsville, this unique property offers appeal to BUILDERS, DEVELOPERS, INVESTORS and long-term land holders. With approx. 149.2 feet of frontage, there's potential for severance into THREE approx. 49.2-FT-WIDE LOTS, Current N1D zoning and Bill 23 provisions permitting up to 3 residential units on each fully serviced residential lot creates compelling redevelopment potential. (9 units total). Even better-HOLD THE LAND WHILE IT GENERATES INCOME! The existing detached home is currently rented for approx. $2,800/MONTH, 3 bedroom - 1 bath house - basement part finished. This helps offset carrying costs while planning for redevelopment. The LOCATION adds another layer of value: close to Stittsville Main Street shops, cafés, restaurants and services, Hazeldean Road shopping, transit and major commuter routes. Outdoor recreation is nearby with the Trans Canada Trail, Alexander Grove Park, Village Square Park and neighbourhood pathways and greenspaces. Families will appreciate access to Guardian Angels Elementary, Sacred Heart High School, Holy Spirit Elementary, Stittsville Public School, A. Lorne Cassidy Elementary and other public, Catholic, English and French options. This is more than a home-it is LAND, INCOME and FUTURE DEVELOPMENT POTENTIAL in one of Ottawa's most established suburban communities. Opportunities to acquire an almost HALF-ACRE CITY LOT with approx. 149 FT OF FRONTAGE are increasingly hard to find. DEVELOP NOW. HOLD FOR THE FUTURE. COLLECT RENT WHILE YOU PLAN. (id:67947)

Property Details

MLS® Number X13712014
Property Type Vacant Land
Community Name 8203 - Stittsville (South)
Equipment Type Water Heater
Features Irregular Lot Size
Parking Space Total 6
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 1
Bedrooms Total 1
Size Interior 700 - 1,100 Sqft

Parking

Attached Garage
Garage

Land

Acreage No
Size Depth 99 Ft ,10 In
Size Frontage 149 Ft ,2 In
Size Irregular 149.2 X 99.9 Ft ; Irregular - Backyard Is 177.69 Wide
Size Total Text 149.2 X 99.9 Ft ; Irregular - Backyard Is 177.69 Wide|under 1/2 Acre

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30196859/11-bobcat-way-street-ottawa-8203-stittsville-south

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Moe Mcilwain, RE/MAX Hallmark Realty Group

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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.