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Gary Underwood

garywunderwood@gmail.com +1(613) 862-3420

$ 849,900

Est. payment | -/mo

3 Beds

2 Baths

Save

$ 849,900

Est. payment | -/mo

Save

3 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision 3502 - Overbrook/Castle Heights

MLS Listing ID X12925718

Style Bungalow

Bedrooms 3

Annual Tax Amount $5,384

Tax Year 2025

Property Sub-Type Detached

Property Description

DEVELOPMENT OPPORTUNITY on a premium 50 x 116 ft lot located on a quiet street in the desirable Overbrook neighbourhood. This is a rare chance to acquire a well-proportioned property in an established area experiencing ongoing redevelopment and strong growth. The existing 2+1 bedroom bungalow with a finished basement is being sold primarily for land value, offering excellent potential for redevelopment or a custom build (buyer to conduct their own due diligence). Potential future build options may include a 4-plex, 6-plex semi-detached, or higher-density development such as a 10- or 12-plex, subject to approvals. Current zoning allows for 10+ units, with the possibility to apply for additional density of up to 18 units - or, alternatively, build 10 units without requiring site plan approval. Ideally situated with quick access to downtown Ottawa, the Rideau River, scenic walking and cycling pathways, parks, and green space. Close proximity to the University of Ottawa, St. Laurent Shopping Centre, schools, public transit, and Highway 417 further enhances the appeal of this centrally located property. Property being sold in "as is, where is" condition. The seller makes no representations or warranties. 24 hours' notice required for all showings.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Full, Finished

Kitchen 1

Separate Den/Office 1

Interior

Interior Features Carpet Free

Cooling Central Air

Fireplaces Type Wood, Living Room

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Patio, Privacy

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 116.0

Total Parking Spaces 3

Building

Unit Features Fenced Yard,Public Transit,Park,Place Of Worship,School,Rec./Commun.Centre

Foundation Concrete

Others

ParcelsYN Yes

Listed by RE/MAX HALLMARK REALTY GROUP

Schools and Properties Nearby

211 Columbus AVE Overbrook - Castleheights And Area, ON K1K 1P7