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Main Photo: 1348 THAMES STREET in Ottawa: Vacant Land for sale : MLS®# 1322575
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Status:
Active
Prop. Type:
Vacant Land
MLS® Num:
1322575
Also listed as a single-family home under MLS#1322571. Welcome to 1348 Thames Street in the great City of Ottawa. This post-war bungalow is perfectly located right where Westboro meets Carlington. An intelligent kitchen/dining addition adds valuable square footage. With R2 zoning this home’s 50x130-ft lot is coveted by the best boutique builders in the region. Buy to build yourself, or purchase to live or invest and then sell to a developer later as scarcity of infill opportunities drastically increases the value. Multiple other 50-ft lots, many with shorter depths, have been split and developed as semi-detached homes. The combined value of two new semi’s is estimated around $2M. If you have a strong mind for investment, why not build 4 units? Semi-detached homes with secondary dwelling units could total ~$10,000/month in rent and be worth up to $2.4M. Keep both for a $120,000 per year retirement or sell one to pay for the other. No conveyance of offers prior to 4PM Monday November 28. (id:2493)
Property Type:
Vacant Land
Transaction Type:
For sale
Zoning:
R2G
Community:
Carlington
Amenities:
Public Transit, Recreation Nearby, Shopping
Number of bathrooms:
0.0
Half Bathrooms:
0
Fireplace:
No
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Unknown (Not Applicable)
Basement Development:
Not Applicable
Land Amenities:
Public Transit, Recreation Nearby, Shopping
Road Access:
Road access
Current Use:
Development residential
Lot Frontage:
50'
Lot Depth:
129'
Acreage:
No
Lot Size:
6,534 sq. ft.
Lot Size:
0.15 ac
Lot Details:
0.15
Road Surface:
Paved road
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Listed by KELLER WILLIAMS INTEGRITY REALTY
Data was last updated November 27, 2022 at 05:15 PM (UTC)
Area Statistics
Listings on market:
152
Avg list price:
$1,100,000
Min list price:
$144,900
Max list price:
$25,000,000
Avg days on market:
82
Min days on market:
2
Max days on market:
1,420
Avg price per sq.ft.:
$86.59
These statistics are generated based on the current listing's property type and located in Ottawa. Average values are derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.