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$ 899,900
Est. payment /mo
New
119 Fieldrow ST Meadowlands - Crestview And Area, ON K2G 2Y8
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 7302 - Meadowlands/Crestview
MLS Listing ID X13810390
Style Bungalow
Bedrooms 3
Annual Tax Amount $4,986
Tax Year 2026
Property Sub-Type Detached
Property Description
PRICED FOR LAND VALUE - EXCEPTIONAL DEVELOPMENT POTENTIAL! CORNER LOT! (125.46 feet by 77.49 feet). An outstanding opportunity for builders, developers and investors to capitalize on a property offering exciting future possibilities under N2E zoning. The value here is in the LAND and its redevelopment potential. Under the City of Ottawa's new zoning framework, N2 - Neighbourhood Zone 2 provides increased residential development flexibility, permitting a density of up to 1.5 dwelling units per 100 m of lot area, to a maximum of 6 dwelling units per building, subject to lot dimensions, servicing, setbacks and all applicable City requirements. The "E" subzone reflects a more suburban development pattern, including an 18-metre minimum lot width and 6-metre minimum front-yard setback. This creates an exciting opportunity to explore a variety of redevelopment concepts and residential configurations, making this an attractive land acquisition for those looking toward future intensification and long-term value. Buyers are encouraged to complete their own due diligence with the City of Ottawa regarding their intended development plans. The property is currently improved with a detached bungalow that is tenant-occupied, providing existing rental income while a purchaser explores future development opportunities. A property to buy for today, but with an eye firmly on tomorrow - LAND VALUE, INCOME and DEVELOPMENT POTENTIAL all in one! Current rental income is $4295/month and viewing will only be allowed upon acceptance of an offer since being sold for LAND POTENTIAL!
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Finished
Kitchen 1
Separate Den/Office 2
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 125.46
Lot Depth 77.49
Total Parking Spaces 6
Building
Unit Features Park,Public Transit
Foundation Block
Others
ParcelsYN No
Listed by ROYAL LEPAGE PERFORMANCE REALTY