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$ 899,000
Est. payment /mo
New
11 BOBCAT WAY STREET Ottawa, ON K2S1P3
1 Bed
2 Baths
700 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700 - 1100
Square Footage 700 sqft
Price per Sqft $1,284
Subdivision 8203 - Stittsville (South)
MLS® Listing ID X13712014
Bedrooms 1
Property Description
*Email for more photos* RARE STITTSVILLE DEVELOPMENT & LAND-BANKING OPPORTUNITY! An exceptional 0.445-ACRE property WITHIN THE CITY offering approx. 149.2 FT OF FRONTAGE x 99.9 FT DEPTH and an impressive approx. 179 FT WIDTH across the rear-a remarkably wide parcel with exciting future possibilities. Located in established Stittsville, this unique property offers appeal to BUILDERS, DEVELOPERS, INVESTORS and long-term land holders. With approx. 149.2 feet of frontage, there's potential for severance into THREE approx. 49.2-FT-WIDE LOTS, subject to City of Ottawa approvals. Current N1D zoning and Bill 23 provisions permitting up to 3 residential units on each fully serviced residential lot creates compelling redevelopment potential. (9 units total). Even better-HOLD THE LAND WHILE IT GENERATES INCOME! The existing detached home is currently rented for approx. $3,300/MONTH, helping offset carrying costs while planning for redevelopment. The LOCATION adds another layer of value: close to Stittsville Main Street shops, cafés, restaurants and services, Hazeldean Road shopping, transit and major commuter routes. Outdoor recreation is nearby with the Trans Canada Trail, Alexander Grove Park, Village Square Park and neighbourhood pathways and greenspaces. Families will appreciate access to Guardian Angels Elementary, Sacred Heart High School, Holy Spirit Elementary, Stittsville Public School, A. Lorne Cassidy Elementary and other public, Catholic, English and French options. This is more than a home-it is LAND, INCOME and FUTURE DEVELOPMENT POTENTIAL in one of Ottawa's most established suburban communities. Opportunities to acquire an almost HALF-ACRE CITY LOT with approx. 149 FT OF FRONTAGE are increasingly hard to find. DEVELOP NOW. HOLD FOR THE FUTURE. COLLECT RENT WHILE YOU PLAN. (Buyer to verify all proposed development and zoning etc, with the City of Ottawa) **Offers presented Wed Sept 2 at 2pm but seller reserves the right to preview and accept preemptive offers** (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features Yes
View Y/N No
Attached Garage Yes
Total Parking Spaces 6
Garage Yes
Private Pool No
Listed by RE/MAX HALLMARK REALTY GROUP