1007 BLAIR ROAD
Ottawa, Ontario K1J7M9

$1,199,900

ID# X11974621
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! (id:25961)
Courtesy of ENGEL & VOLKERS OTTAWA

Listed on: February 15, 2025

On market: 47 days
Bathroom Total 2
Bedrooms Total 4
Cooling Type Central air conditioning
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 1
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate
Address Price Bed Bath SqFt Area Sub Area Brokerage
717 - 560 RIDEAU STREET Ottawa
717 - 560 RIDEAU STREET
$1,950 1 1 Ottawa ROYAL LEPAGE TEAM REALTY
175 YEARLING CIRCLE Ottawa
175 YEARLING CIRCLE
$709,900 3 3 33.43 x 88.48 FT ; 0 Ottawa EXP REALTY
107 WHALINGS CIRCLE Ottawa
107 WHALINGS CIRCLE
$559,900 3 3 21 x 115 FT Ottawa FIDACITY REALTY
323 BOOTH STREET Ottawa
323 BOOTH STREET
$1,548,800 4 3 28 x 72 FT Ottawa EXP REALTY
72 WINGOVER PVT Ottawa
72 WINGOVER PVT
$1,279,900 5 4 46.8 x 121.3 FT Ottawa RE/MAX HALLMARK REALTY GROUP
115 GOULBURN AVENUE Ottawa
115 GOULBURN AVENUE
$849,900 6 3 18.3 x 100 FT Ottawa ROYAL LEPAGE TEAM REALTY
Search

Nicolas Blackburn

SALES REPRESENTATIVE

Direct: (613) 601.2224

nblackburn@royallepage.ca

Royal LePage Team Realty

1723 Carling Ave

Ottawa, Ontario

Canada K2A 1C8

Office: 613-725-1171

Toll Free: 1-800-307-1545

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

powered by webkits