$799,000 FOR SALE

Detached Sidesplit

Bedrooms: 3+1Bathrooms: 3Lot: 99.83 x 49.92 ft

1286 Albany Drive
Ottawa, ON K2C 2L8

**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)

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Listed By KELLER WILLIAMS INTEGRITY REALTY
Data Provided By Ottawa Real Estate Board
MLS® Listing Number X11961443
Last Updated Feb 22, 2025
Property Summary
Property Type Detached

More like this:
Community 5403 - Bel Air Heights
Price History
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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
BedroomSecond level4.1 m x 3.1 m
Bedroom 2Second level2.9 m x 2.5 m
Bedroom 3Second level3.1 m x 2.4 m
BathroomSecond level2.5 m x 1.4 m
BedroomBasement4.5 m x 2.8 m
KitchenBasement4.11 m x 3.5 m
BathroomBasement2.4 m x 1.46 m
Laundry roomBasement2.98 m x 2.2 m
KitchenMain level3.07 m x 2.6 m
Dining roomMain level3.2 m x 2.4 m
Living roomMain level6.5 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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