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1399 Aurele Street Ottawa, Ontario K1B 3L4

4 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Bungalow Fireplace Central Air Conditioning Radiant Heat

$950,000

EXCITING INVESTMENT & FUTURE DEVELOPMENT OPPORTUNITY | R2N ZONING | 0.346 ACRES. A rare chance to own a large 15,090 sq ft lot in the city with tons of potential, whether you're looking to invest, build down the road, or live on-site while you plan. Zoned R2N, this urban property allows for severance into 3 lots by right, or 4 with a minor variance, giving you plenty of flexibility for the future.The current home is a solid 1,200 sq ft all-brick bungalow with an attached garage, a detached garage, and rear entrance, making it ideal for a basement in-law suite or rental unit. Live in the home, rent it out, or do both while you explore your development options. Located in a fast-growing area just minutes from the LRT, Cyrville Rd, Innes Rd, and Highway 417, it's a commuter-friendly spot with strong future upside. Recent developments on nearby streets show whats possible here, and Bill 23 continues to support adding more housing within the city. Preliminary studies suggest the lot could support up to 16 units in the future, such as semi-detached homes with Secondary Dwelling Units (SDUs) all subject to city approvals. Whether you're a hands-on investor or looking for a smart long-term hold, this property offers immediate value with rental income potential and future development upside. (id:37351)

Property Details

MLS® Number X12303114
Property Type Vacant Land
Community Name 2204 - Pineview
AmenitiesNearBy Public Transit
Features Level Lot, Flat Site
ParkingSpaceTotal 6

Building

BathroomTotal 2
BedroomsAboveGround 4
BedroomsTotal 4
Age 51 To 99 Years
Amenities Fireplace(s)
Appliances Water Meter
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementType N/a (finished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireplacePresent Yes
FireplaceTotal 1
HeatingFuel Natural Gas
HeatingType Radiant Heat
StoriesTotal 1
SizeInterior 1,100 - 1,500 Ft2
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeDepth 131 Ft ,6 In
SizeFrontage 115 Ft ,4 In
SizeIrregular 115.4 X 131.5 Ft
SizeTotalText 115.4 X 131.5 Ft|under 1/2 Acre
ZoningDescription R2n

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28644327/1399-aurele-street-ottawa-2204-pineview

Contact Us

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Lorie Ann Warren
Salesperson

(613) 270-9559
www.warrenteamottawa.com/
www.facebook.com/#!/Realestateforsaleinottawa
twitter.com/lorieannwarren
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RE/MAX Hallmark Realty Group
700 Eagleson Road, Suite 105
Ottawa, Ontario K2M 2G9

(613) 663-2720
(613) 592-9701
www.hallmarkottawa.com/

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