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$ 1,250,000
Est. payment /mo
Active
7 Lowrey ST West Centre Town, ON K1Y 2S5
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 4202 - Hintonburg
MLS Listing ID X12142418
Style 2-Storey
Bedrooms 4
Building Age 100+
Annual Tax Amount $5,973
Tax Year 2025
Property Sub-Type Duplex
Property Description
Prime Development Opportunity Well-Maintained Duplex on Oversized Lot: Just 350 meters (a 5-minute walk) from the Bayview O-Train stop, this rare 66' x 100' R4UB-zoned lot offers exceptional potential for investors and developers. With a well-maintained duplex occupying only half the lot, the remaining 33 feet is ideal for future development, with zoning allowing for a 4-storey, 8-unit building (buyer to verify). The property features two updated 2-bedroom units: Unit 1 is a renovated 2-bed, 1-bath with in-unit laundry, currently leased month-to-month at $1,600 to a reliable long-term tenant; Unit 2 has been owner-occupied for 25 years and offers a projected rent of \$2,400\$2,500/month, with two balconies boasting stunning views of the downtown skyline and Gatineau Hills. Key upgrades include a new furnace (2023), AC (~2013), roof (~2013), updated sewer, drain, and water lines, and fully rewired electrical. With two hydro meters, strong rental potential, and major development upside, this is a rare opportunity in a fast-growing, transit-connected location just minutes from downtown.
Location
State ON
County Ottawa
Community 4202 - Hintonburg
Area Ottawa
Rooms
Family Room No
Basement Other
Kitchen 2
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Garage Spaces 1.0
Pool None
View Downtown, Panoramic, Hills
Roof Type Rolled
Lot Frontage 66.0
Lot Depth 99.0
Total Parking Spaces 3
Building
Foundation Stone
Listed by ENGEL & VOLKERS OTTAWA