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DESCRIPTION

The investment you have been waiting for! An entry level duplex, fully occupied at market value with pleasant tenants, tons of room for investment growth in time with a huge lot & R3P zoning. It gets better: an unbeatable location, end of a quiet cul de sac & fronting the stunning Central Park in the heart of The Glebe | Apt 1 [one floor]: 3 bed, 1 bath | Apt 2 [two floors]: 4 bdrms, 2 full bathrooms | Basement has connections for 2x washer/dryer [1 working set in place], and is unfinished. Now to get to the exciting part: the development potential. Preliminary conversations with the City have revealed the potential for either of the following options: 1] dig out the basement to add an additional unit [side entrance already in place]; 2] build a double car garage with 2x 2-bed apartments above. Significant development is set to occur in the area over the next few years, great chance to purchase, let the land grow in value & re-sell or expand on highest/best use. Buyer due diligence. (id:5764)

KEY DETAILS
  • Price:
  • $1,299,900
  • Bedrooms:
  • 7
  • Full Baths:
  • 3
  • Square Footage:
  • n/a
  • Acreage:
  • n/a
  • Year Built:
  • 1921
  • Listing #:
  • 1328312
  • Street Address:
  • 47 Rosebery Avenue
  • City:
  • Ottawa
  • State:
  • ON
  • Postal Code:
  • K1S 1W1
  • Subdivision:
  • The Glebe
  • Listing Status:
  • For Sale - Active

Building

  • Flooring:
  • Wall-To-Wall Carpet, Mixed Flooring, Hardwood, Tile
  • Number Of Fireplaces:
  • 2
  • Year Built:
  • 1921

Land

  • Road Frontage:
  • 35 Ft , 11 In

Listing

  • Originating Mls:
  • Ottawa Real Estate Board

Rooms

  • Bedroom Description:
  • Living Room

Structures

  • Parking Spaces:
  • 3

Systems

  • Cooling System:
  • Wall Unit
  • Has Central Air Conditioning:
  • Yes
  • Heating Fuel:
  • Electric, Natural Gas
  • Sewage Type:
  • Municipal Sewage System

Source

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