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    For Sale - 119 Fieldrow Street, Meadowlands - Crestview and Area, Ontario

    Est payment $4,321/mo
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    Views   4
    Time on Jump  28 day

    AI Summary *

    • Corner lot with exceptional development potential for builders and investors.
    • Zoned N2 for flexible residential development, allowing up to 6 dwelling units.
    • Current tenant-occupied bungalow provides rental income during planning stages.
    • Prime location for future intensification and long-term value growth.
    • Buy now for land value while exploring redevelopment opportunities.




    Priced for land value - exceptional development potential! Corner lot! (125. 46 feet by 77. 49 feet). An outstanding opportunity for builders, developers and investors to capitalize on a property offering exciting future possibilities under n2e zoning. The value here is in the land and its redevelopment potential. Under the city of ottawa's new zoning framework, n2 - neighbourhood zone 2 provides increased residential development flexibility, permitting a density of up to 1. 5 dwelling units per 100 m of lot area, to a maximum of 6 dwelling units per building, subject to lot dimensions, servicing, setbacks and all applicable city requirements. The "e" subzone reflects a more suburban development pattern, including an 18-metre minimum lot width and 6-metre minimum front-yard setback. This creates an exciting opportunity to explore a variety of redevelopment concepts and residential configurations, making this an attractive land acquisition for those looking toward future intensification and long-term value. Buyers are encouraged to complete their own due diligence with the city of ottawa regarding their intended development plans. The property is currently improved with a detached bungalow that is tenant-occupied, providing existing rental income while a purchaser explores future development opportunities. A property to buy for today, but with an eye firmly on tomorrow - land value, income and development potential all in one! Current rental income is $4295/month and viewing will only be allowed upon acceptance of an offer since being sold for land potential!
    Listing IDX13810390
    Address119 Fieldrow Street
    CityMeadowlands - Crestview and Area, Ontari…
    Price$899,900
    Bed / Bath5 / 2 Full
    StyleBungalow, Detached
    ConstructionStucco (Plaster),Vinyl Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneAmenities Park, Public TransitOwnership FreeholdBasement FinishedFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Brokerage: ROYAL LEPAGE PERFORMANCE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    119 Fieldrow Street
    Meadowlands - Crestview and Area , Ontario
    5 2 $899,900
    Get more info