3653 Albion Road, Coming to Ottawa MLS Thursday 5th September

This is a great development opportunity, or use it as residential if you choose. Priced at $1,100,000.

This is a well cared for 3 bedroom, 1 bathroom bungalow in Blossom Park with an attached garage. It is in a great location, 1 minute car ride to Bank St. Nearby public transit includes the O-Train & LRT southern extension & every amenity one needs.

RESIDENTIAL OPPORTUNITIES

Note huge lot is 75’ X 210’ Multiple uses include:

  • A) Live in it as is and renovate
  • B) Renovate and build an SDU in the basement
  • C) Tear it down and build large forever home
  • D) DEVELOPERS NOTE: tear it down and build multiple units on the lot

Current R2 zoning permits 2 units, so add SDU’s (basement apartments) to create 4 units. Proposed new N zoning indicates that 20 units can be constructed on this size lot of 14,510 sq. ft. subject to height restrictions and setbacks.

Note the vacant lot abutting this property has recently had a variance and subdivided into 6 lots of 25 ft. each.

This lot has great development possibilities. This is an Estate Sale being sold “As is Where is”, buyers to do their due diligence. No representations whatsoever.

INVESTMENT OPPORTUNITIES

Developers Note 14,510 sq. ft. lot. This is a fantastic location for a multi-unit building, short walk to Bank St. and amenities.

Nearby public transit includes the O-Train & LRT southern extension.

See the size of the property below

3653 Albion Road from above

Note huge lot is 75’ X 210’. Primary uses include

  • A) Tear it down and build large forever home like others on Albion Road
  • B) Tear it down and build multiple units on the lot

Current R2 zoning permits 2 units with opportunity to add SDU’s to create 4 units.

Proposed new N zoning indicates that 20 units can be constructed on this size lot of 14,510 sq. ft. subject to height restrictions and setbacks.

This is an Estate Sale being sold “As is Where is”, buyers to do their due diligence. Note the vacant lot abutting this property has recently had a variance and subdivided into 6 lots of 25 ft. each.

This lot has great development possibilities. The existing bungalow is perfectly livable. Put tenants in place while going through zoning and permit process.

Directions: South of Bank Street between Bridle Path and D'Aoust, on the east side of Albion Road.

Street view and neighbourhood