**OPEN HOUSE: FEBRUARY 23 (Sunday) 2-4 PM** CALLING ALL INVESTORS, DEVELOPERS, OR FAMILIES ALIKE! Welcome to 1286 Albany Drive, nestled on a massive corner lot in the highly sought-after Bel Air Heights neighbourhood, this property offers exceptional opportunities for both immediate and future returns. Whether you're an investor or looking for a versatile family home with the potential for passive income, this property is an absolute gem! Boasting two separate legal units: the upper unit is a spacious, bright living space featuring 3 large bedrooms, 2 full bathrooms, and an open-concept living area that seamlessly blends with the modern kitchen. The lower unit is equally impressive with its own private entry! This 1-bedroom, 1-bathroom basement suite includes its own living room, kitchen, and in-unit laundry, making it a perfect rental unit or an ideal in-law suite. This self-contained space offers full independence, ensuring comfort and convenience for its occupants.Currently, you have the potential to earn $4,000-$5,000 per month in rental income. And with the zoning in place, you're sitting on a future gold mine: the property allows for the development of a four-plex, so while you wait for permits, you can enjoy the passive income from the existing units.Located just moments from Algonquin College, Navaho Park, Ainsley Park, and an abundance of shopping and amenities, this location is as convenient as it is attractive. Whether you're enjoying the outdoors, shopping, or commuting to work, you're always just steps away from everything you need.The combination of versatility, income potential, and future development opportunities makes 1286 Albany Drive a once-in-a-lifetime opportunity in Ottawa. Don't miss out on this incredible property, book your showing today! *Conditional offer has been accepted, this property is conditionally sold, just waiting for the deposit to come in* (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
3+1
Bathrooms
3
Lot
99.83 x 49.92 ft
Features
Lane, In-Law Suite
Listing Contract Date
2025-02-06
Location Description
Albany drive and Navaho drive
Ownership Type
Freehold
# of Parking Spaces
5
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R1O
Building
Amenities
Separate Heating Controls
Basement Development
Finished
Basement Features
Apartment in basement
Basement Type
N/A (Finished)
Construction Style (Attachment)
Detached
Construction Style (Split Level)
Sidesplit
Cooling Type
Central air conditioning
Exterior Finish
Brick
Fireplace Present
Yes
Foundation Type
Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
4.1 m x 3.1 m
Bedroom 2
Second level
2.9 m x 2.5 m
Bedroom 3
Second level
3.1 m x 2.4 m
Bathroom
Second level
2.5 m x 1.4 m
Bedroom
Basement
4.5 m x 2.8 m
Kitchen
Basement
4.11 m x 3.5 m
Bathroom
Basement
2.4 m x 1.46 m
Laundry room
Basement
2.98 m x 2.2 m
Kitchen
Main level
3.07 m x 2.6 m
Dining room
Main level
3.2 m x 2.4 m
Living room
Main level
6.5 m x 4.6 m
Parking Spaces
Name
Spaces
Attached Garage
Land
Total Size
99.88 x 49.94 FT ; Corner Lot
Sewer
Sanitary sewer
Size of Irregular Land
99.88 x 49.94 FT ; Corner Lot
Open Houses
Date & Time
Comments
23/02/2025 2:00 PM - 4:00 PM
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