34-40 BARRETTE STREET
Ottawa, Ontario
MLS® X14171048
$995,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14171048
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- —
Listing description
RARE SUB-$1M DOUBLE-LOT INVESTMENT & DEVELOPMENT OPPORTUNITY IN BEECHWOOD VILLAGE. Landmark acquisition opportunity positioned just off Beechwood Avenue. Offered at $995,000, this expansive 66' x 100' double parcel (two tax rolls) represents one of the premier holdings in Vanier North/Beechwood Village.
Ideal for both strategic buy-and-hold investors looking to capitalize on strong long-term appreciation and rental upside, or multi-family builders seeking immediate redevelopment value. Benefiting from City of Ottawa N4B H(11) zoning, the site supports an 11-metre (3-storey) height profile, offering a streamlined as-of-right path for an 8 to 12-unit residential project (~$99,500/door land basis). Features an outstanding street-level orientation with open corridor views and an exceptional walkability score-steps to Beechwood's dining, artisanal bakeries, boutique shops, and parks, plus a swift commute to Downtown Ottawa and Parliament Hill.
A versatile asset with outstanding underlying land value in a proven, high-demand urban growth market.
Property summary
- MLS® number
- X14171048
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 66 x 99 FT
- Annual property taxes
- $9,961.28
- Parking
- 5 spaces · Detached Garage, Garage
- Days on market
- 2 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Basement
- Unfinished, N/A
What would this home cost you?
Based on the $995,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE TEAM REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.