$700,000 – $800,000 Ottawa Homes For Sale

Ottawa, Ontario

Discover a rare opportunity in the heart of Orleans! This exceptional property at 1146 Gabriel Street is ideally located in the desirable Convent Glen neighbourhood, just a short walk to Place d’Orléans Shopping Centre, transit, schools, and everyday amenities.Situated on an extra-large lot, this property offers incredible potential for developers, builders, or savvy investors. With zoning that allows for Neighbourhood Mixed-Use ( NMU[2179] H(30) ) development, the possibilities are wide open-whether you’re looking to redevelop, expand, or create a multi-purpose residential and commercial space.The generous lot size provides ample space for new construction or redevelopment, making it a standout investment in a rapidly growing and sought-after area. Surrounded by established homes and ongoing development, this is a prime location where convenience meets long-term value. Don’t miss your chance to secure a versatile property in one of Orleans’ most strategic locations. Opportunities like this are rare-explore the potential and bring your vision to life! (id:50982)

Ottawa, Ontario

This three-bedroom, two-bathroom home is available for sale as a package deal with the adjacent house at 465 Guy Street. These are two contiguous single-family freehold homes packaged together for a multifamily redevelopment site or a buy-and-hold opportunity. An urban mature neighbourhood location in Ottawa’s East, near St Laurent Shopping Centre, lots of retail plazas, restaurants, medical centres and other basic amenities. Proximity to Highway 417. The new official zoning designation for the property once finally approved by the city will be N4B. This will permit a height allowance of 12.5 meters, rear yard set back of 7.5 meters, front yard set back of 3 meters, and side yard set backs of 1.8 meters combined. No parking will be required with the new zoning. The total frontage is 120 feet by 120 feet in depth, offering a combined lot of 14,402 square feet. Initial estimates project a floor plate of approximately 9,690 sf with the incoming zoning. Both homes are rented for a combined amount of $6,100 per month. Utilities extra. Great passive income during a redevelopment planning period. The two homes must be sold together. (id:50982)