119 FIELDROW STREET, Ottawa, Ontario

5 Beds 2 Baths

$899,900

Listing ID: X13810390 Property Type: Single Family

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! (id:25961)

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Details

Architectural Style: Bungalow
Amenities Nearby: Park, Public Transit
Ownership: Freehold
Parking Spaces: 6
Transaction: For sale
Zoning Description: N2E

Building

Appliances: All, Water Heater
Architectural Style: Bungalow
BasementType: N/A (Finished)
Basement Development: Finished
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Stucco, Vinyl siding
Fireplace Present: False
Foundation: Block
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 700 - 1100 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Amenities: Park, Public Transit
Sewer: Sanitary sewer
Size Frontage: 125 ft ,6 in
Size Irregular: 125.5 x 77.5 FT

Listing provided by ROYAL LEPAGE PERFORMANCE REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 119 FIELDROW STREET in Ottawa Ontario. It was last modified on September 21st, 2026. Contact Stéphane Chevalier to schedule a viewing or to discover other Ottawa homes for sale.

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