
Orleans - Convent Glen and Area, ON K1C 1A7
Rare Orleans development opportunity! 70 ft x 207 ft lot with N3 zoning offering exciting possibilities. Explore the potential for up to 12 (twelve) multi-unit development (buyer to verify). The unique natural hillside setting sets this property apart from a typical flat infill lot, creating opportunities for walk-out designs, oversized windows, and a custom hillside concept that works with the natural landscape. Some photos are conceptual renderings only, illustrating how hillside construction could create unique, high-end rental possibilities. Buyer to verify all designs, development potential and approvals.The existing bungalow provides potential rental income (estimated $3,500 to $4,000/month) while you plan your future vision. Live in it, rent it, or explore options such as additional construction, redevelopment, or a multi-generational property where families can invest together while maintaining their own space.The walk-out basement in-law suite includes its own kitchen, bathroom, living area, bedroom plus den. Whether you are a builder, investor, or visionary buyer looking for something truly unique, this is a rare chance to secure a large property with possibilities in an established Orleans neighbourhood.Buyer to verify all development potential, zoning, permitted uses, servicing, engineering, permits and approvals with the City of Ottawa. Approx. 2,600 sq ft includes walk-out lower level. Fourth bedroom currently used as dining room. Large workshop at bottom of hill.
TRREB MLS® Attribution
MLS® X13249852
Listed by DETAILS REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$4,273
/month · $700,000 mortgage
Amortization
Total Interest
$581,822
Total Cost
$1,281,822
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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DETAILS REALTY INC.