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Key Facts

Type Duplex
Levels Residential
Size -
Garage Yes
Taxes $5,974
Lot Size 
Approx. Age 
MLS® Number X12142418

Property Address: 7 Lowrey St, Ottawa, ON, K1Y2S5

Average square foot calculated using Size range provided by listing agent.

Description

Prime Development Opportunity Well-Maintained Duplex on Oversized Lot: Just 350 meters (a 5-minute walk) from the Bayview O-Train stop, this rare 66' x 100' R4UB-zoned lot offers exceptional potential for investors and developers. With a well-maintained duplex occupying only half the lot, the remaining 33 feet is ideal for future development, with zoning allowing for a 4-storey, 8-unit building (buyer to verify). The property features two updated 2-bedroom units: Unit 1 is a renovated 2-bed, 1-bath with in-unit laundry, currently leased month-to-month at $1, 600 to a reliable long-term tenant; Unit 2 has been owner-occupied for 25 years and offers a projected rent of \$2, 400\$2, 500/month, with two balconies boasting stunning views of the downtown skyline and Gatineau Hills. Key upgrades include a new furnace (2023), AC (~2013), roof (~2013), updated sewer, drain, and water lines, and fully rewired electrical. With two hydro meters, strong rental potential, and major development upside, this is a rare opportunity in a fast-growing, transit-connected location just minutes from downtown.Show Description
MLS® NumberX12142418
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementOther
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Starting Address
Destination Address
7 Lowrey St, Ottawa, ON

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