231 Ethel Street Ottawa, Ontario K1L 5X1

2 Bedroom 2 Bathroom 1,500 - 2,000 ft2
Window Air Conditioner Forced Air

$660,000

Excellent redevelopment and income-property opportunity in a desirable, well-located Ottawa neighbourhood. Zoned R4E, this property offers strong flexibility for a variety of residential uses, subject to buyer due diligence and municipal approvals. The home features a total of two bedrooms, with one bedroom on the main level and one bedrooms on the second floor , offering a practical layout suitable for end-users or investors. The main level includes one bedroom, kitchen, living room, dining area, and a full washroom equipped with a jet tub. The second floor has been fully renovated and offers One bedrooms, a family room, dining area, kitchen, laundry/storage, and a full washroom, also equipped with a jet tub. A sliding door separating the main and second levels provides full privacy, enhancing the property's suitability for multi-generational living or income potential. All major components are owned outright, including the hot water tank, with no rental contracts in place. With its strong location, flexible zoning, and multiple redevelopment or income possibilities, this property presents a compelling long-term investment opportunity. Buyers are advised to verify zoning, permitted uses, and development potential to their own satisfaction. (id:37553)

Property Details

MLS® Number X12726926
Property Type Single Family
Community Name 3402 - Vanier
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Total 2
Appliances Dishwasher, Water Heater, Microwave, Stove, Two Refrigerators
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Cooling Type Window Air Conditioner
Exterior Finish Aluminum Siding
Foundation Type Block
Heating Fuel Oil
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Ft2
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Fence Type Fenced Yard
Sewer Sanitary Sewer
Size Depth 95 Ft
Size Frontage 33 Ft
Size Irregular 33 X 95 Ft ; 0
Size Total Text 33 X 95 Ft ; 0
Zoning Description R4e

Rooms

Level Type Dimensions
Second Level Kitchen 3.4 m x 5.17 m
Second Level Primary Bedroom 3.6 m x 4.62 m
Second Level Laundry Room 3.4 m x 3.45 m
Second Level Family Room 3.61 m x 4.26 m
Lower Level Other 3.51 m x 3.18 m
Lower Level Other 3.61 m x 5.8 m
Lower Level Recreational, Games Room 7.12 m x 7.02 m
Main Level Living Room 3.42 m x 4.63 m
Main Level Kitchen 3.53 m x 2.41 m
Main Level Dining Room 3.6 m x 5.59 m
Main Level Bedroom 3.61 m x 3.36 m

https://www.realtor.ca/real-estate/29286820/231-ethel-street-ottawa-3402-vanier