$1,199,900

1007 Blair Road, BeaconHillNorthSouthandArea, ON K1J 7M9

2106 - Cardinal Heights, Beacon Hill North - South and Area,

| | 10  | 1,100 sq.ft. |

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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!

Property Info
MLS®: X11974621
Listing Courtesy of ENGEL & VOLKERS OTTAWA
Total Bedrooms 4
Total Bathrooms 2
Basement 1
Floor Space 700-1100 sq.ft.
Lot Size 15779 sq.ft.
Style Bungalow
Last Updated 2025-02-15
Property Type House
Listed Price $1,199,900
Unit Pricing $1,091/sq.ft.
Tax Estimate $4,748/Year
More Details
Exterior Finish Brick, Aluminum Siding
Parking Cover 2
Parking Total 10
Water Supply Municipal
Foundation Sewer
Summary
    Location and General Information
  • HoldoverDays: 30
  • Architectural Style: Bungalow
  • Property Type: Residential Freehold
  • Property Sub Type: Detached
  • DirectionFaces: East
  • GarageType: Detached
  • Taxes and HOA Information
  • Tax Year: 2024
  • Parking
  • ParkingSpaces: 10
  • Parking Total: 12
Interior and Exterior Features
    Bathrooms Information
  • WashroomsType1: 2
  • Bedrooms Information
  • BedroomsAboveGrade: 4
  • Interior Features
  • Interior Features: Water Heater
  • Basement: Finished
  • Cooling: Central Air
  • HeatSource: Gas
  • HeatType: Forced Air
  • Exterior Features
  • ConstructionMaterials: Brick, Aluminum Siding
  • Roof: Asphalt Shingle
Property
    Utilities
  • Sewer: Sewer
  • Property and Assessments
  • Foundation Details: Poured Concrete
  • Lot Information
  • Parcel Number: 043640065
  • LotSizeUnits: Feet
  • LotDepth: 262.98
  • LotWidth: 60
Sold History
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School Catchments
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