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

1022 Maitland Avenue Ottawa, Ontario K2C 2B6

$799,900

ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Exceptional land value and redevelopment opportunity at 1022 Maitland Avenue! Featuring City-confirmed CM2 (Minor Corridor Zone 2) zoning, this approximately 50' x 123' property offers exciting possibilities for future development and intensification. Ideally situated in an established Ottawa neighbourhood, with convenient access to Highway 417, public transit, shopping, schools and everyday amenities. An attractive location to explore future residential or mixed-use development opportunities, subject to applicable zoning provisions and municipal approvals. The property is currently improved with a 3-bedroom bungalow featuring a finished lower level and generates $3,000 per month in all-inclusive rental income, providing income while future development plans are explored. A new survey may be provided with an offer. An opportunity to invest in the land, location and future potential! (id:67947)

Property Details

MLS® Number X14131856
Property Type Vacant Land
Neigbourhood College
Community Name 5402 - Braemar Park

Building

Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 123 Ft ,9 In
Size Frontage 50 Ft
Size Irregular 50 X 123.8 Ft
Size Total Text 50 X 123.8 Ft
Zoning Description Cm2 - Minor Corridor Zone 2

https://www.realtor.ca/real-estate/30460815/1022-maitland-avenue-ottawa-5402-braemar-park

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Todd Gingras, Exp Realty · Erika Gingras, Exp Realty

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Want an introduction? Call or text Nicolas at 613-859-9331 or email Nicolas@SigounisProperties.ca. No referral fees: Nicolas is not paid for these introductions.

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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.