7 Lowrey ST new

West Centre Town,ON K1Y 2S5

$ 1250000

4 Beds

2 Baths

- SqFt


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

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