Condo/Apartment for sale, 7 Lowrey Street, in Ottawa, Canada

7 Lowrey St, Ottawa, ON K1Y 2S5, Canada, 7 Lowrey Street
Duplex • 4 bed. • 2 bath. • ref: AM-5066668
$941,960
*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

Spaces

Bedrooms4
Bathrooms2
Garages (outside)1
Air conditioning
Amenities extracted by AI.
Balcony

7 Lowrey Street, Ottawa

Views and orientation extracted by AI.
Hill view
TypeCondo/Apartment
HeatingGas
IDAM-5066668
NameEngel & Völkers