CAD $1,299,900
7 Lowrey Street, West Centre Town, ON, K1Y 2S5, CA
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Tyler Laird Headshot
Tyler Laird
Engel & Völkers Ottawa

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Listing Courtesy of  ENGEL & VOLKERS OTTAWA
4 Bd
2 Ba
AM-5066668
MLS#: X11970196
*Prime Development Opportunity - Well-Maintained Duplex on Oversized Lot * Located just 350 meters (a 5-minute walk) from the Bayview O-Train stop, this rare 66' x 100' R4UB-zoned lot presents a prime opportunity for investors and developers alike. With a well-maintained duplex occupying only half the lot, the remaining 33 feet offers endless potential for future development. Zoning allows for a 4-storey, 8-unit building (buyer to verify). Property Highlights:Duplex with Two Updated 2-Bedroom Units. Unit 1: Renovated 2-bed, 1-bath with in-unit laundry,
leased month-to-month at $1,600 to an exceptional long-term tenant. Unit 2: Owner-occupied for 25 years, offering a projected rent of $2,400-$2,500/month. Features two balconies with stunning views of the downtown skyline and Gatineau Hills.Two Hydro Meters. Key Upgrades: Furnace (2023), AC (~2013), Roof (~2013), Sewer, Drain & Water Lines Updated. Rewired. This is a rare chance to acquire a solid income property with significant development potential in a high-demand location. Steps from transit, minutes to downtown, and surrounded by future growth
leased month-to-month at $1,600 to an exceptional long-term tenant. Unit 2: Owner-occupied for 25 years, offering a projected rent of $2,400-$2,500/month. Features two balconies with stunning views of the downtown skyline and Gatineau Hills.Two Hydro Meters. Key Upgrades: Furnace (2023), AC (~2013), Roof (~2013), Sewer, Drain & Water Lines Updated. Rewired. This is a rare chance to acquire a solid income property with significant development potential in a high-demand location. Steps from transit, minutes to downtown, and surrounded by future growth
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Presented by
Tyler Laird
Tyler Laird
+1 (613) 422-8688
Quinn Goodwin
Quinn Goodwin
+1 (613) 422-8688

Listing Highlights

  • Subtype

    Duplex
  • View

    Downtown, Panoramic, Hills
  • Architectural Style

    2-Storey
  • Garage Spaces

    1
  • Stories

    2
  • Tax Annual Amount

    $5,700
  • Heating

    Natural Gas, Forced Air
  • Cooling

    Central Air
  • County

    Ottawa

Property Details

  • Interior Features

      Bedrooms

    • Bedrooms: 4
    • Bathrooms

    • Total Bathrooms: 2
    • Other Rooms

    • Basement: [object Object]
    • Basement Description: Other
    • Heating & Cooling

    • Heating: Natural Gas, Forced Air
    • Cooling: Central Air
  • Exterior Features
    Pool Features
    None
  • Construction
    Property Type
    Residential Income
    Construction Materials
    Vinyl Siding
    Property Subtype
    Duplex
    Foundation Details
    Stone
    Architectural Style
    2-Storey
    Roof
    Rolled/Hot Mop
  • Parking
    Parking Total
    3
    Garage
    Yes
    Garage Spaces
    1
    Parking Features
    Detached

Location

  • ON
  • West Centre Town
  • K1Y 2S5
  • Ottawa
  • 7 Lowrey Street

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CAD $7,585.86

This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Toronto Regional Real Estate Board

Updated: May 5, 2025 2:10 PM