293-295 HOLMWOOD AVENUE, Ottawa, Ontario, K1S 2R1

$1,395,000

MLS® # X11881550

Vacant Land For Sale In Glebe - Dows Lake, Ottawa, Ontario

$1,395,000

  • 8

    Bedrooms

  • 4

    Baths

  • 69 x 60.66 FT

    Lot Size

Property Information:

Welcome to 293-295 Holmwood Avenue, a brick double situated on a 69 x 60 lot in the heart of The Glebe, one of Ottawa's most desirable neighborhoods. This property presents a unique opportunity for development in a highly sought-after area, offering potential for investors, developers, or homeowners with a vision. The lot has the possibility of being split into three separate homes (minor variance required), providing excellent flexibility for future projects. While planning your development, benefit from the rental income of, at current market value, approximately $4,000/month per unit, with one side currently tenanted (lease transitioning to month-to-month May 1st) and the other side extensively renovated and move-in ready. Nestled on a quiet, tree-lined street, this property is just steps from Ottawa's best amenities, including the Rideau Canal, Lansdowne Park, top-rated schools, and a thriving selection of shops and restaurants. With its prime location and development potential, this lot offers a valuable opportunity to create something exceptional in The Glebe. **** EXTRAS **** 2 x furnaces and 2 x hot water tanks (id:27)

Building Features:

  • Amenities:
  • Basement Development: Unfinished
  • Basement Type: Full
  • Fireplace: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Hood Fan, Microwave, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Vacant Land
  • Bedrooms: 8
  • Bathrooms: 4
  • Half Bathrooms: 2
  • Features: Lane
  • Irregular: Yes
  • Lot Depth: 60.6 Feet
  • Lot Frontage: 69.0 Feet
  • Lot Size: 69 x 60.66 FT
  • Utility Type: Sewer - Installed, Cable - Installed
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 4

Rooms:

  • Primary Bedroom 2nd Level 4.33 m x 3.38 m
  • 2nd Bedroom 2nd Level 3.46 m x 3.67 m
  • 3rd Bedroom 2nd Level 3.03 m x 2.63 m
  • Bathroom 2nd Level 1.77 m x 2.08 m
  • 4th Bedroom 3rd Level 4.80 m x 4.01 m
  • Living Main Level 4.16 m x 3.90 m
  • Dining Main Level 3.35 m x 3.67 m
  • Kitchen Main Level 3.35 m x 2.80 m

Courtesy of: ENGEL & VOLKERS OTTAWA

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos