50 Jolliet Avenue Ottawa, Ontario K1L 5H5

$299,900

Attention Developers & Contractors - R4UA Development Opportunity! Prime redevelopment opportunity in a rapidly revitalizing Ottawa neighbourhood. This R4UA-zoned property permits low-rise multi-unit residential development, including duplex, triplex, or small apartment building potential, making it an ideal project for developers, contractors, and investors looking to add density in an urban location. Situated on a quiet residential street just minutes from Beechwood Village, the property offers convenient access to boutique shops, restaurants, public transit, parks, schools, and scenic walking and biking paths, all within minutes of downtown Ottawa. The area continues to see strong redevelopment activity and long-term growth potential. The property currently includes an upper-level tenant paying $900/month (no lease in place, approximately 20 years), providing holding income while planning your next project. Whether you're planning to build new, redevelop, or land-bank for future intensification, this property offers excellent flexibility and upside potential. Property being sold As-Is, Where-Is. The Seller directs that no conveyance of any written signed offers will be presented to the Seller prior to 12:00 p.m. on February 18, 2026. Irrevocable should be for a minimum of 6 hours after the offer presentation time. (id:37351)

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https://www.realtor.ca/real-estate/29339481/50-jolliet-avenue-ottawa-3402-vanier