Discover a rare investment opportunity with this versatile property, currently generating steady rental income while offering significant potential for future development. Situated in a desirable location, this property is already a lucrative rental, bringing in $4,000 per month, ensuring immediate cash flow for investors. However, the true value lies in its untapped potentialthe lot extends an additional 50 feet beyond the existing fence, presenting a unique opportunity for expansion or redevelopment.The current structure is a well-maintained rental property, appealing to long-term tenants and providing a reliable income stream. With its spacious layout and modern amenities, it attracts high-quality tenants, making it a low-maintenance investment for those looking for passive income. The propertys location is ideal, close to essential amenities, schools, transportation hubs, and thriving commercial areas, ensuring consistent demand in the rental market.What sets this property apart is its development potential. The additional 50 feet of land beyond the fence opens the door to a variety of possibilities. Whether youre considering expanding the existing structure, building additional units, or creating a mixed-use development, this property offers the flexibility to maximize your investment. The area is ripe for growth, with increasing demand for housing and commercial spaces, making it an ideal time to capitalize on this opportunity.For investors looking to diversify their portfolio, this property offers the best of both worlds: immediate rental income and long-term appreciation through development. Whether youre a seasoned developer or a first-time investor, this property is a standout opportunity to build equity and generate substantial returns. Dont miss out on this chance to own a property with proven income potential and exciting future prospects. Schedule a viewing today and explore the possibilities!
For sale
C$1,199,900
1007 Blair Rd, Ottawa, ON K1J 7M9
4beds
2baths
Single Family Residence
Built in ----
0.36 Acres Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Spacious layoutModern amenities
- 106 days
- on Zillow |
- 13 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: February 15, 2025 at 12:29pm
Listed by:
ENGEL & VOLKERS OTTAWA
Source: TRREB,MLS®#: X11974621
Originating MLS®#: OREB

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Water Heater
Features
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Living area range: 700-1100 null
Property
Parking
- Total spaces: 12
- Parking features: Garage
- Has garage: Yes
Features
- Pool features: None
Lot
- Size: 0.36 Acres
- Features: Irregular Lot
Details
- Parcel number: 043640065
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick, Aluminum Siding
- Foundation: Poured Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Ottawa
Financial & listing details
- Annual tax amount: C$4,748
- Date on market: 2/16/2025
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