

$925,000
ActiveAbout this Property
Rare opportunity in sought-after Vanier! This large lot offers incredible potential for redevelopment, investment, or a future addition. With no rear neighbours, enjoy added privacy and flexibility for your vision.Currently operating as a rooming house generating approximately $3,700/month in rental income, providing strong holding value while you plan your project and obtain permits.Property is being sold primarily for land value and future potential. Due to tenancy, no interior showings will be permitted until an accepted offer is in place.Ideally located close to transit, schools, amenities, and just minutes from downtown. An excellent opportunity for investors, builders, or developers looking to capitalize on a growing area.Buyer to verify zoning, permitted uses, and redevelopment potential.
Listed by REMAX BOARDWALK REALTY · MLS# X12910614
About Vanier
Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.
Features & Details
Property details of 43 Lavergne Street, Ottawa, ON
Market Insights for Vacant Land in Ottawa
Based on 64 sales in the last 90 days · Showing city-wide data
Buyer’s Market
Properties are sitting longer (avg 114 days). Buyers have more negotiating power and time to decide.
New Listings
64
Avg Days on Market
114 days
Avg Price/Sq Ft
$614
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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