249-251 JOFFRE-BELANGER WAY
Ottawa, Ontario K1L5K9

$899,000

Prime investment opportunity in a cul-de-sac location perched on a hill in the heart of Vanier! This 5,479 ft corner lot with R4E zoning offers a multitude of development options, including custom front-back semis, multi-unit low-rise apartments, and more. The property currently features a fully rented triplex, providing steady cash flow during planning and redevelopment. Severance and minor variance approvals are pending Committee of Adjustment approval , making this an exceptional opportunity for investors and developers. Buyer to confirm and to pay all building approvals. Located just minutes from uOttawa, the Gatineau Bridge, parks, trails, Beechwood Village, and downtown Ottawa, this property boasts unparalleled convenience. Its proximity to shopping, schools, hospitals, and public transit enhances its appeal for future tenants or homeowners. With Vanier undergoing significant redevelopment, this property is a solid long-term hold for future growth and rezoning opportunities. Property sold as is with no warranties or guarantees. Dont miss this rare chance to own a strategically located, high-potential property in one of Ottawas most desirable rental markets! **EXTRAS** outdoor storage in the backyard (id:25961)

11 Bedroom 5 Bathroom

Forced air

Bathroom Total	5
Bedrooms Total	11
Heating Type	Forced air
Heating Fuel	Natural gas
Stories Total	2

Courtesy of COLDWELL BANKER SARAZEN REALTY

Listed on: January 02, 2025

On market: 82 days

GALLERY

Get In Touch

ADDRESS:

Royal LePage Team Realty

304 Colonnade Drive

Kemptville ON K0G 1J0

DIRECT 613-258-1990

lisamd@royallepage.ca

Phone: 613-258-1990

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249-251 JOFFRE-BELANGER WAY Ottawa, Ontario K1L5K9

11 Bedroom 5 Bathroom

Forced air

Get In Touch

249-251 JOFFRE-BELANGER WAY
Ottawa, Ontario K1L5K9