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1007 Blair Rd

Blair RdBeacon HillOttawaON, K1J 7M9

4
Beds
2
Baths
$1,199,900
List Price
1007 Blair Rd, Ottawa, ON - 1 of 3
1007 Blair Rd, Ottawa, ON - 2 of 3
1007 Blair Rd, Ottawa, ON - 3 of 3
New
6 days on market

Discover a rare investment opportunity with this versatile property, currently generating steady rental income while offering significant potential for future development. Situated in a desirable location, this property is already a lucrative rental, bringing in $4,000 per month, ensuring immediate cash flow for investors. However, the... Show More

Discover a rare investment opportunity with this versatile property, currently generating steady rental income while offering significant potential for future development. Situated in a desirable location, this property is already a lucrative rental, bringing in $4,000 per month, ensuring immediate cash flow for investors. However, the true value lies in its untapped potentialthe lot extends an additional 50 feet beyond the existing fence, presenting a unique opportunity for expansion or redevelopment.The current structure is a well-maintained rental property, appealing to long-term tenants and providing a reliable income stream. With its spacious layout and modern amenities, it attracts high-quality tenants, making it a low-maintenance investment for those looking for passive income. The propertys location is ideal, close to essential amenities, schools, transportation hubs, and thriving commercial areas, ensuring consistent demand in the rental market.What sets this property apart is its development potential. The additional 50 feet of land beyond the fence opens the door to a variety of possibilities. Whether youre considering expanding the existing structure, building additional units, or creating a mixed-use development, this property offers the flexibility to maximize your investment. The area is ripe for growth, with increasing demand for housing and commercial spaces, making it an ideal time to capitalize on this opportunity.For investors looking to diversify their portfolio, this property offers the best of both worlds: immediate rental income and long-term appreciation through development. Whether youre a seasoned developer or a first-time investor, this property is a standout opportunity to build equity and generate substantial returns. Dont miss out on this chance to own a property with proven income potential and exciting future prospects. Schedule a viewing today and explore the possibilities!

Property Details

Size

Sq. Ft. Not Available
4 Beds
4 Above Grade
2 Baths

Parking

12 Parking Spaces
-

Lot

Size
60′0″ * 262′11″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick, Aluminum Siding
Foundation
Poured Concrete
Builder Name
-
Stories
-
Flooring
-
Roof
Asphalt Shingle

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$4,748

Source

Listing Brokerage

MLS® Listing
X11974621
Last Updated
February 15, 2025
Brokerage
ENGEL & VOLKERS OTTAWA
Call us 800-591-0566

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