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119 Fieldrow Street, Meadowlands - Crestview and Area, ON K2G 2Y8 — photo 1
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DETACHEDACTIVEMLS® X13810390

119 Fieldrow Street, Meadowlands - Crestview and Area, ON K2G 2Y8

Meadowlands - Crestview and Area, ON, K2G 2Y8
BEDROOMS
5
BATHROOMS
2
LIVING AREA
700-1100 sqft
KITCHENS
1
PARKING
4
HEATING
Gas

About this residence

PRICED FOR LAND VALUE - EXCEPTIONAL DEVELOPMENT POTENTIAL! CORNER LOT! (125.46 feet by 77.49 feet). An outstanding opportunity for builders, developers and investors to capitalize on a property offering exciting future possibilities under N2E zoning. The value here is in the LAND and its redevelopment potential. Under the City of Ottawa's new zoning framework, N2 - Neighbourhood Zone 2 provides increased residential development flexibility, permitting a density of up to 1.5 dwelling units per 100 m of lot area, to a maximum of 6 dwelling units per building, subject to lot dimensions, servicing, setbacks and all applicable City requirements. The "E" subzone reflects a more suburban development pattern, including an 18-metre minimum lot width and 6-metre minimum front-yard setback. This creates an exciting opportunity to explore a variety of redevelopment concepts and residential configurations, making this an attractive land acquisition for those looking toward future intensification and long-term value. Buyers are encouraged to complete their own due diligence with the City of Ottawa regarding their intended development plans. The property is currently improved with a detached bungalow that is tenant-occupied, providing existing rental income while a purchaser explores future development opportunities. A property to buy for today, but with an eye firmly on tomorrow - LAND VALUE, INCOME and DEVELOPMENT POTENTIAL all in one! Current rental income is $4295/month and viewing will only be allowed upon acceptance of an offer since being sold for LAND POTENTIAL!

Property details

Property type
Detached
Total rooms
10
Garage
Detached
Parking spaces
4
Annual taxes
$4,987 (2026)
Possession
Flexible
Directions
Meadowlands Dr. W, to Viewmount Dr., left on Fieldrow St (corner of Viewmount & Fieldrow)

Location

COMPARABLE IN MEADOWLANDS - CRESTVIEW AND AREA

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