$1,350,000 FOR SALE

Duplex

Bedrooms: 4Bathrooms: 2Lot: 66 x 99 ft

7 Lowrey Street
Ottawa, ON K1Y 2S5

*Prime Development Opportunity - Well-Maintained Duplex on Oversized Lot * Located just 350 meters (a 5-minute walk) from the Bayview O-Train stop, this rare 66' x 100' R4UB-zoned lot presents a prime opportunity for investors and developers alike. With a well-maintained duplex occupying only half the lot, the remaining 33 feet offers endless potential for future development. Zoning allows for a 4-storey, 8-unit building (buyer to verify). Property Highlights:Duplex with Two Updated 2-Bedroom Units. Unit 1: Renovated 2-bed, 1-bath with in-unit laundry, leased month-to-month at $1,600 to an exceptional long-term tenant. Unit 2: Owner-occupied for 25 years, offering a projected rent of $2,400-$2,500/month. Features two balconies with stunning views of the downtown skyline and Gatineau Hills.Two Hydro Meters. Key Upgrades: Furnace (2023), AC (~2013), Roof (~2013), Sewer, Drain & Water Lines Updated. Rewired. This is a rare chance to acquire a solid income property with significant development potential in a high-demand location. Steps from transit, minutes to downtown, and surrounded by future growth (id:47423)

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Listed By ENGEL & VOLKERS OTTAWA
Data Provided By Ottawa Real Estate Board
MLS® Listing Number X11970196
Last Updated Mar 04, 2025
Property Summary
Property Type Duplex

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Price History
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Detailed Information
Bedrooms 4
Bathrooms 2
Lot 66 x 99 ft
Listing Contract Date 2025-02-12
Location Description Garland
# of Parking Spaces 3
Property Type Single Family
Transaction Type For sale
Zoning Description R4UB
Building
Amenities Separate Electricity Meters
Appliances Dishwasher, Dryer, Two Refrigerators, Two stoves, Two Washers
Cooling Type Central air conditioning
Exterior Finish Vinyl siding
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Duplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Detached Garage
Garage
Land
Total Size 66 x 99 FT
Sewer Sanitary sewer
Size of Irregular Land 66 x 99 FT

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