For sale
Duplex

7 Lowrey Street

$1,299,900
Ottawa, Ontario, K1Y 2S5

Overview

  • Updated On:
  • March 25 2025
  • MLS® Number
  • X11970196
  • 4 Bedrooms
  • 2 Bathrooms

Description

*Prime Development Opportunity - Well-Maintained Duplex on Oversized Lot * Located just 350 meters (a 5-minute walk) from the Bayview O-Train stop, this rare 66' x 100' R4UB-zoned lot presents a prime opportunity for investors and developers alike. With a well-maintained duplex occupying only half the lot, the remaining 33 feet offers endless potential for future development. Zoning allows for a 4-storey, 8-unit building (buyer to verify). Property Highlights:Duplex with Two Updated 2-Bedroom Units. Unit 1: Renovated 2-bed, 1-bath with in-unit laundry, leased month-to-month at $1,600 to an exceptional long-term tenant. Unit 2: Owner-occupied for 25 years, offering a projected rent of $2,400-$2,500/month. Features two balconies with stunning views of the downtown skyline and Gatineau Hills.Two Hydro Meters. Key Upgrades: Furnace (2023), AC (~2013), Roof (~2013), Sewer, Drain & Water Lines Updated. Rewired. This is a rare chance to acquire a solid income property with significant development potential in a high-demand location. Steps from transit, minutes to downtown, and surrounded by future growth (id:57887)

Price:
Price Info:
Property Type: Multi-family
Building Type: Duplex
Storeys: 2
Neighbourhood: Hintonburg
Parking Type: Detached Garage, Garage
Amenities
Separate Electricity Meters
Appliances
Dishwasher
Dryer
Two stoves
Two Washers
Two Refrigerators
Cooling & Heating
Natural gas
Forced air
Central air conditioning
ExteriorFinish
Vinyl siding
$ 6,664.84
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,039.97
Bedroom
BedroomsAboveGround: 4
BedroomsTotal: 4
Bathroom
BathroomTotal: 2
Size
SizeInterior: 1499.9875 - 1999.983 sqft
Construction
Age: 100+ years
FoundationType: Stone
Utility
UtilityWater: Municipal water
Acreage: No
Sewer: Sanitary Sewer
SizeDepth: 99 Ft
SizeFrontage: 66 Ft
SizeIrregular: 66 X 99 Ft
SizeTotalText: 66 X 99 Ft
ZoningDescription: R4ub
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