40
See all 40 photos
$1,250,000
Est. payment /mo
4 Beds
2 Baths
New
7 Lowrey ST West Centre Town, ON K1Y 2S5
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 4202 - Hintonburg
MLS Listing ID X12142418
Style 2-Storey
Bedrooms 4
Building Age 100+
Annual Tax Amount $5,973
Tax Year 2025
Property Sub-Type Duplex
Property Description
Prime Development Opportunity Well-Maintained Duplex on Oversized Lot: Just 350 meters (a 5-minute walk) from the Bayview O-Train stop, this rare 66' x 100' R4UB-zoned lot offers exceptional potential for investors and developers. With a well-maintained duplex occupying only half the lot, the remaining 33 feet is ideal for future development, with zoning allowing for a 4-storey, 8-unit building (buyer to verify). The property features two updated 2-bedroom units: Unit 1 is a renovated 2-bed, 1-bath with in-unit laundry, currently leased month-to-month at $1,600 to a reliable long-term tenant; Unit 2 has been owner-occupied for 25 years and offers a projected rent of \$2,400\$2,500/month, with two balconies boasting stunning views of the downtown skyline and Gatineau Hills. Key upgrades include a new furnace (2023), AC (~2013), roof (~2013), updated sewer, drain, and water lines, and fully rewired electrical. With two hydro meters, strong rental potential, and major development upside, this is a rare opportunity in a fast-growing, transit-connected location just minutes from downtown.
Location
Province ON
County Ottawa
Community 4202 - Hintonburg
Area Ottawa
Zoning R4UB
Rooms
Basement Other
Kitchen 2
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Inclusions 2 refrigerators, 2 stoves, 2 dishwashers, 2 washers, 2 dryers.
Exterior
Parking Features Detached
Garage Spaces 1.0
Pool None
View Downtown, Panoramic, Hills
Roof Type Rolled
Total Parking Spaces 3
Building
Foundation Stone
Lited by ENGEL & VOLKERS OTTAWA