MLS#: X14171048Listed: about 2 hours agoUpdated:about 2 hours ago
Description
RARE SUB-$1M DOUBLE-LOT INVESTMENT & DEVELOPMENT OPPORTUNITY IN BEECHWOOD VILLAGE. Landmark acquisition opportunity positioned just off Beechwood Avenue. Offered at $995,000, this expansive 66' x 100' double parcel (two tax rolls) represents one of the premier holdings in Vanier North/Beechwood Village. Ideal for both strategic buy-and-hold investors looking to capitalize on strong long-term appreciation and rental upside, or multi-family builders seeking immediate redevelopment value. Benefiting from City of Ottawa N4B H(11) zoning, the site supports an 11-metre (3-storey) height profile, offering a streamlined as-of-right path for an 8 to 12-unit residential project (~$99,500/door land basis). Features an outstanding street-level orientation with open corridor views and an exceptional walkability score-steps to Beechwood's dining, artisanal bakeries, boutique shops, and parks, plus a swift commute to Downtown Ottawa and Parliament Hill. A versatile asset with outstanding underlying land value in a proven, high-demand urban growth market. (id:58075)
Details
Details for 34 40 Barrette Street, Ottawa, Ontario
Property Type
Multi Family
Building Type
Duplex
Square Footage
1,500–2,000 sq ft
Storeys
2
Neighborhood
3402 - Vanier
Land Size
33 x 99 FT
Year Built
-
Annual Property Taxes
$4,405
Parking Type
Detached Garage, Garage
Inside
Appliances
-
Rooms
-
Bedrooms
8
Bathrooms
4
Fireplace
-
Fireplace Total
-
Basement
Unfinished, N/A
Building
Architecture Style
-
Direction
Cross Streets: Charlevoix. ** Directions: Beechwood to Charlevoix to Barrette.