200 WOODROFFE AVENUE

$824,900

200 WOODROFFE AVENUE

Ottawa, ON

Type
Vacant Land
Status
Active
Living area
5,000 sqft
MLS®
X13162702

About this property

Single-family detached home with R4D zoning and proposed new Ottawa Mainstreet 1 (MS1) commercial zoning, presenting a compelling opportunity for investors, developers, and land bankers. Currently configured as a single-family residence with potential for duplex conversion, providing immediate rental income opportunities while planning for future redevelopment. Situated on a desirable 50' x 100' lot, the property offers significant upside through a variety of permitted uses under existing R4D zoning, with additional future potential through the proposed MS1 designation. Municipal water and sewer services are available, and hydro servicing is in place, enhancing the site's development appeal. The existing home is comfortable and functional, making this an ideal buy-and-hold asset with income potential today and long-term redevelopment value for the future. (id:66946)

Listing courtesy of RIGHT AT HOME REALTY. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.