231 ETHEL Street
3402 - Vanier / Vanier and Kingsview Park, ON K1L 5X1
About This Property
Excellent redevelopment opportunity in a desirable, well-located Ottawa neighbourhood. Zoned R4E, this property offers flexibility for a variety of residential uses, subject to buyer due diligence and municipal approvals.The home has been converted into a bi-generational residence, offering a functional layout suitable for multi-generational living. It features a total of two bedrooms, with one bedroom on the main level and one bedroom on the second floor.The main level includes one bedroom, kitchen, living room, dining area, and a full washroom equipped with a jet tub.The second floor, which has been fully renovated, offers one bedroom, a family room, dining area, kitchen, laundry/office, and a full washroom, also equipped with a jet tub.A sliding door separating the main and second levels provides full privacy, supporting the home's bi-generational configuration.All major components are owned outright, including the hot water tank, with no rental contracts in place. With its strong location and flexible zoning, this property presents a solid opportunity for future redevelopment, subject to buyer verification. Buyers are advised to confirm zoning, permitted uses, and development potential to their own satisfaction.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12838572
Listed by POWER MARKETING REAL ESTATE 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.
asking price
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$3,125
/month · $512,000 mortgage
Amortization
Total Interest
$425,561
Total Cost
$937,561
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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POWER MARKETING REAL ESTATE INC.









































