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1022 Maitland Avenue Ottawa, Ontario K2C 2B6

$899,900

ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Exceptional land value and redevelopment opportunity at 1022 Maitland Avenue! Featuring City-confirmed CM2 (Minor Corridor Zone 2) zoning, this approximately 50' x 123' property offers exciting possibilities for future development and intensification. Ideally situated in an established Ottawa neighbourhood, with convenient access to Highway 417, public transit, shopping, schools and everyday amenities. An attractive location to explore future residential or mixed-use development opportunities, subject to applicable zoning provisions and municipal approvals. The property is currently improved with a 3-bedroom bungalow featuring a finished lower level and generates $3,000 per month in all-inclusive rental income, providing income while future development plans are explored. A new survey may be provided with an offer. An opportunity to invest in the land, location and future potential! Buyers to conduct their own due diligence regarding permitted uses, development feasibility and approvals. (id:12481)

Property Details

MLS® Number X14092988
Property Type Vacant Land
Neigbourhood College
Community Name 5402 - Braemar Park

Building

UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 123 Ft ,9 In
SizeFrontage 50 Ft
SizeIrregular 50 X 123.8 Ft
SizeTotalText 50 X 123.8 Ft
ZoningDescription Cm2 - Minor Corridor Zone 2

https://www.realtor.ca/real-estate/30417614/1022-maitland-avenue-ottawa-5402-braemar-park

Contact Us

Get in touch with us for more information!


Phil Spoelstra
Broker of Record

(519) 870-7325
(519) 667-1958
www.farmontario.com

RE/MAX Centre City Phil Spoelstra Realty, Brokerage
34 Grandview Crescent
London, Ontario N6K 2Y2

(519) 667-1800
(519) 667-1958
www.farmontario.com

Ron Steenbergen
Broker

(226) 234-8239
(519) 667-1958
www.farmontario.com/

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide Street North
London, Ontario N5Y 2L4

(519) 667-1800
(519) 667-1958
www.centrecityrealty.com