Welcome to 293-295 Holmwood Avenue, a brick double situated on a 69 x 60 lot in the heart of The Glebe, one of Ottawa's most desirable neighborhoods. This property presents a unique opportunity for development in a highly sought-after area, offering potential for investors, developers, or homeowners with a vision. The lot has the possibility of being split into three separate homes (minor variance required), providing excellent flexibility for future projects. While planning your development, benefit from the rental income of, at current market value, approximately $4,000/month per unit, with one side currently tenanted (lease transitioning to month-to-month May 1st) and the other side extensively renovated and move-in ready. Nestled on a quiet, tree-lined street, this property is just steps from Ottawa's best amenities, including the Rideau Canal, Lansdowne Park, top-rated schools, and a thriving selection of shops and restaurants. With its prime location and development potential, this lot offers a valuable opportunity to create something exceptional in The Glebe. **** EXTRAS **** 2 x furnaces and 2 x hot water tanks (id:4069)
Address
293-295 HOLMWOOD AVENUE
List Price
$1,395,000
Property Type
Vacant Land
Area
Ontario
Sub-Area
Ottawa
Bedrooms
8
Bathrooms
4
Lot Size
69 x 60.66 FT Sq. Ft.
MLS® Number
X11881550
Listing Brokerage
ENGEL & VOLKERS OTTAWA
Basement Area
Full (Unfinished)
Postal Code
K1S2R1
Features
Lane
Amenities
Fireplace(s)
