3,500 - 5,000 ft2
$975,000
Exceptional LAND DEVELOPMENT OPPORTUNITY just steps from Parkdale Avenue in the heart of Ottawa's Mechanicsville neighborhood within walking distance to LRT and Tunney's Pasture. The property includes three units: a 1-bedroom and 2-bedroom (both currently tenanted), and a spacious 3-bedroom unit that is currently vacant perfect for owner occupancy or strategic upgrades. Situated on an oversized 5,000+ sq ft lot, the property is currently zoned R4, with a proposed by-law amendment to N4B, offering significant redevelopment and intensification potential. A city-owned laneway runs along the side of the property, providing rare secondary access ideal for future expansion or site redesign. Additional highlights include two large detached garage units with strong conversion potential (studio, additional unit, or storage), and ample surface parking to comfortably accommodate tenants. With strong upside in rental income and the flexibility to add more units or repurpose existing structures, this property is a prime opportunity for developers, investors, or visionaries seeking value in one of Ottawa's most walkable and desirable communities. ** 48 hours notice required on all showings of tenanted units **** (id:53899)
Property Details
MLS® Number
|
X12310120 |
Property Type
|
Vacant Land |
Neigbourhood
|
Mechanicsville |
Community Name
|
4201 - Mechanicsville |
Building
Age
|
100+ Years |
Appliances
|
Dryer, Stove, Washer, Refrigerator |
Size Interior
|
3,500 - 5,000 Ft2 |
Land
Acreage
|
No |
Size Depth
|
100 Ft ,3 In |
Size Frontage
|
53 Ft ,1 In |
Size Irregular
|
53.1 X 100.3 Ft |
Size Total Text
|
53.1 X 100.3 Ft |
Zoning Description
|
R4ud |
Utilities
Cable
|
Available |
Electricity
|
Installed |
Sewer
|
Installed |
https://www.realtor.ca/real-estate/28659425/64-lyndale-avenue-ottawa-4201-mechanicsville