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$ 1,199,900
Est. payment /mo
New
1007 Blair RD Beacon Hill North - South And Area, ON K1J 7M9
4 Beds
2 Baths
UPDATED:
02/15/2025 08:29 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Subdivision 2106 - Cardinal Heights
MLS Listing ID X11974621
Style Bungalow
Bedrooms 4
Annual Tax Amount $4,748
Tax Year 2024
Property Sub-Type Detached
Lot Depth 262.98
Lot Front 60.0
Property Description
Discover a rare investment opportunity with this versatile property, currently generating steady rental income while offering significant potential for future development. Situated in a desirable location, this property is already a lucrative rental, bringing in $4,000 per month, ensuring immediate cash flow for investors. However, the true value lies in its untapped potentialthe lot extends an additional 50 feet beyond the existing fence, presenting a unique opportunity for expansion or redevelopment.The current structure is a well-maintained rental property, appealing to long-term tenants and providing a reliable income stream. With its spacious layout and modern amenities, it attracts high-quality tenants, making it a low-maintenance investment for those looking for passive income. The propertys location is ideal, close to essential amenities, schools, transportation hubs, and thriving commercial areas, ensuring consistent demand in the rental market.What sets this property apart is its development potential. The additional 50 feet of land beyond the fence opens the door to a variety of possibilities. Whether youre considering expanding the existing structure, building additional units, or creating a mixed-use development, this property offers the flexibility to maximize your investment. The area is ripe for growth, with increasing demand for housing and commercial spaces, making it an ideal time to capitalize on this opportunity.For investors looking to diversify their portfolio, this property offers the best of both worlds: immediate rental income and long-term appreciation through development. Whether youre a seasoned developer or a first-time investor, this property is a standout opportunity to build equity and generate substantial returns. Dont miss out on this chance to own a property with proven income potential and exciting future prospects. Schedule a viewing today and explore the possibilities!
Location
Province ON
County Ottawa
Community 2106 - Cardinal Heights
Area Ottawa
Rooms
Family Room No
Basement Finished
Kitchen 2
Interior
Interior Features Water Heater
Cooling Central Air
Fireplaces Type Wood
Fireplace Yes
Heat Source Gas
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 60.0
Lot Depth 262.98
Total Parking Spaces 12
Building
Foundation Poured Concrete
Listed by ENGEL & VOLKERS OTTAWA
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