1007 Blair Road, Ottawa, Ontario K1J 7M9

Listed for:
$1,199,900
4 beds
2 baths
Listed 44 days ago
House for rent: 1007 Blair Road, Ottawa, Ontario K1J 7M9

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Learn more about this property
Listing provided by:
ENGEL & VOLKERS OTTAWA
MLS® number:
X11974621
Agent:
James Angus
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About

Blair Road Discover a rare investment opportunity with this versatile property, currently generating steady rental income while offering significant potential for future development. Situated in a desirable location, this property is already a lucrative rental, bringing in $4,000 per month, ensuring immediate cash flow for investors. However, the true value lies in its untapped potentialthe lot extends an additional 50 feet beyond the existing fence, presenting a unique opportunity for expansion or redevelopment.The current structure is a well-maintained rental property, appealing to long-term tenants and providing a reliable income stream. With its spacious layout and modern amenities, it attracts high-quality tenants, making it a low-maintenance investment for those looking for passive income. The propertys location is ideal, close to essential amenities, schools, transportation hubs, and thriving commercial areas, ensuring consistent demand in the rental market.What sets this property apart is its development potential. The additional 50 feet of land beyond the fence opens the door to a variety of possibilities. Whether youre considering expanding the existing structure, building additional units, or creating a mixed-use development, this property offers the flexibility to maximize your investment. The area is ripe for growth, with increasing demand for housing and commercial spaces, making it an ideal time to capitalize on this opportunity.For investors looking to diversify their portfolio, this property offers the best of both worlds: immediate rental income and long-term appreciation through development. Whether youre a seasoned developer or a first-time investor, this property is a standout opportunity to build equity and generate substantial returns. Dont miss out on this chance to own a property with proven income potential and exciting future prospects. Schedule a viewing today and explore the possibilities! (id:27476)

Property Highlights

MLS® Number
X11974621
Type
Single Family
Community Name
2106 - Cardinal Heights
Ownership Type
Freehold
Land Size
60 x 263 FT
Parking Space Total
12

Building

Building Type
House
Storeys
1.00
Square Footage
999.992 - 1198.9898 sqft
Bathrooms Total
2
Bedrooms Above Ground
4
Bedrooms Total
4
Amenities
Fireplace(s)
Exterior Finish
Brick, Aluminum siding
Fireplace Present
Yes
Basement Type
N/A (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location