Rare Investment Opportunity on a Remarkable 4,790 SF Lot! This well-maintained home offers the perfect combination of immediate rental/living potential and long-term redevelopment upside. The approximately 4,790 SF parcel is now governed by Ottawa's adopted Zoning By-law 2026-50 (N3C), allowing expanded low-rise residential density with a maximum building height of 11 metres. Located immediately adjacent to Main Street Zoning 2, the property benefits from an increasingly interesting development context and potential for future intensification. Buyers are encouraged to conduct their own due diligence with the City of Ottawa regarding permitted uses, development options, setbacks, parking and approvals.In the meantime, the existing home is in good condition and offers excellent flexibility-move in, rent it out, or hold as an income-producing property while planning for the property's future potential. Recent improvements include newer paint (2022), updated kitchen light fixtures, replacement light switches throughout, and refreshed doors, creating a clean and comfortable living space.The rear porch provides convenient storage and connects to a spacious, accessible laundry area. The fully fenced backyard offers generous green space and a patio, providing plenty of room for outdoor enjoyment today while preserving valuable future parking space.Ideally situated just steps from the river and Britannia Beach, with convenient access to shopping, schools and public transportation. A rare opportunity to acquire a property that works as a home today and offers compelling land value and redevelopment potential for tomorrow.Live in it. Rent it. Hold it. Develop it when the timing is right. (id:53622)
| MLS® Number | X13757746 |
| Property Type | Single Family |
| Community Name | 6101 - Britannia |
| Parking Space Total | 3 |
| Bathroom Total | 1 |
| Bedrooms Above Ground | 2 |
| Bedrooms Total | 2 |
| Appliances | Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator |
| Architectural Style | Bungalow |
| Basement Type | Crawl Space |
| Construction Style Attachment | Detached |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick, Wood |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 48 Ft |
| Size Irregular | 48 X 100 Ft |
| Size Total Text | 48 X 100 Ft |
| Zoning Description | N3c |
https://www.realtor.ca/real-estate/30249495/98-boyce-avenue-ottawa-6101-britannia
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