We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON Ottawa - Gatineau Ottawa Beacon Hill South - Cardinal Heights
1007 BLAIR ROAD
Directions Print
1007 BLAIR ROAD $1,199,900
$1,199,900
Hide
Favourite

1007 BLAIR ROAD
Ottawa, Ontario K1J7M9

MLS® Number: X11974621
4
Bedrooms
2
Bathrooms
1000 - 1199
Square Feet

Listing Description

Discover a rare investment opportunity with this versatile property, currently generating steady rental income while offering significant potential for future development. Situated in a desirable location, this property is already a lucrative rental, bringing in $4,000 per month, ensuring immediate cash flow for investors. However, the true value lies in its untapped potentialthe lot extends an additional 50 feet beyond the existing fence, presenting a unique opportunity for expansion or redevelopment.The current structure is a well-maintained rental property, appealing to long-term tenants and providing a reliable income stream. With its spacious layout and modern amenities, it attracts high-quality tenants, making it a low-maintenance investment for those looking for passive income. The propertys location is ideal, close to essential amenities, schools, transportation hubs, and thriving commercial areas, ensuring consistent demand in the rental market.What sets this property apart is its development potential. The additional 50 feet of land beyond the fence opens the door to a variety of possibilities. Whether youre considering expanding the existing structure, building additional units, or creating a mixed-use development, this property offers the flexibility to maximize your investment. The area is ripe for growth, with increasing demand for housing and commercial spaces, making it an ideal time to capitalize on this opportunity.For investors looking to diversify their portfolio, this property offers the best of both worlds: immediate rental income and long-term appreciation through development. Whether youre a seasoned developer or a first-time investor, this property is a standout opportunity to build equity and generate substantial returns. Dont miss out on this chance to own a property with proven income potential and exciting future prospects. Schedule a viewing today and explore the possibilities! (39894623)

Location Description

Blair Road

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1000 - 1199 sqft
Community Name
2106 - Cardinal Heights
Title
Freehold
Land Size
60 x 263 FT
Annual Property Taxes
$4,748
Parking Type
Detached Garage
Time on REALTOR.ca
41 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
2
Interior Features
Appliances Included
Water Heater
Basement Type
N/A (Finished)
Building Features
Features
Irregular lot size
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bungalow
Building Amenities
Fireplace(s)
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Aluminum siding
Parking
Parking Type
Detached Garage
Total Parking Spaces
12

Measurements

Square Footage
1000 - 1199 sqft

Land

Lot Features
Frontage
60 ft
Land Depth
263 ft
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

Similar Listings

JAMES ANGUS