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Home ON Ottawa - Gatineau Ottawa Hintonburg - Mechanicsville
7 LOWREY STREET
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7 LOWREY STREET $1,299,900
$1,299,900
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7 LOWREY STREET
Ottawa, Ontario K1Y2S5

MLS® Number: X11970196
4
Bedrooms
2
Bathrooms
1500 - 2000
Square Feet

Listing Description

*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 (39879008)

Location Description

Garland

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1500 - 2000 sqft
Community Name
4202 - Hintonburg
Land Size
66 x 99 FT
Age Of Building
100+ years
Annual Property Taxes
$5,700
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
43 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
2
Interior Features
Appliances Included
Dishwasher, Dryer, Two stoves, Two Washers, Two Refrigerators
Building Features
Foundation Type
Stone
Building Amenities
Separate Electricity Meters
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
Detached Garage, Garage
Total Parking Spaces
3

Measurements

Square Footage
1500 - 2000 sqft

Land

Lot Features
Frontage
66 ft
Land Depth
99 ft
Other Property Information
Zoning Description
R4UB
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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