Situated on an oversized 66' x 88.5' double lot in the heart of Vanier, this rare purpose-built side-by-side duplex offers a unique combination of existing rental income and exceptional future development potential. Zoned R4UA, the property is uniquely configured with the entire duplex situated on one half of the lot, leaving the other half as largely vacant land - an increasingly rare opportunity in Ottawa's urban core. This highly flexible layout creates exciting possibilities for future intensification, redevelopment, expansion, or potential severance opportunities (buyer to verify with the City of Ottawa).The duplex consists of two 2-bedroom, 1-bathroom units, each with separate entrances and independently metered electrical service, separate hot water tanks, and separate washers and dryers. Current rents are well below market value, offering attractive future income upside, while the month-to-month tenancy structure provides flexibility. Whether you are seeking a strategic land holding opportunity, an income-producing property with substantial redevelopment possibilities, or a prime urban infill site with holding income already in place, 228 Carillon Street offers a rare range of options in one of Ottawa's rapidly evolving neighbourhoods. Ideally located close to downtown Ottawa, Beechwood Village, transit, parks, schools, shopping, and everyday amenities, this is a compelling opportunity for buyers looking to capitalize on the continued growth and intensification of the area. (id:66096)
Property Details
MLS®
X13884018
Property Type
Vacant Land
Zoning
R4UA
Bedrooms
4
Beds (above / below)
4 above · 0 below
Bathrooms
2
Parking
5
Interior Size
1,300 ft²
Lot Size
66 × 89 ft (5,841 sq ft)
Frontage
66 ft
Storeys
1
Style
Bungalow
Basement
Unfinished, Separate entrance, N/A, N/A
Heating
Forced air, Natural gas
Cooling
None
Garage
No Garage
Property Tax
$4,879/yr
Listed
Rooms
Main level
Kitchen
3.2 x 2.9 meters
Kitchen
3.2 x 2.9 meters
Bedroom 2
2.2 x 2.6 meters
Bedroom 2
2.2 x 2.6 meters
Bedroom
3.7 x 3.3 meters
Living room
2.7 x 3.2 meters
Living room
2.7 x 3.2 meters
Bedroom
3.7 x 3.3 meters
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features
Foundation
Block, Poured Concrete
Exterior
Brick, Vinyl siding
Services
Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
26d
Ottawa listings, avg age
63d
Price / ft²
$615
List price
$799K
Extended: 26 days on market, against an average age of 63 days across the listings currently for sale in this city
Market timing · days on market0 → 63d avg age of current listings
Extended · day 26
Haho
This 4-bed vacant land in Ottawa has been listed for 26 days, which is 37 days fresher than the city average of 63. Act while there is still low competition.
Listed by ROYAL LEPAGE PERFORMANCE REALTY · Rodney Den Dunnen
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K1L)
This home lists at $799,000, about 12.6× the local median household income of $63,200.
Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.
Median household income
$63,200
Population
18,213
Median age
41.2
Owner / renter
33% / 67%
Avg. household size
1.8
Source: Statistics Canada, 2021 Census (FSA K1L)
$799,000· $615/ft²
For sale
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Financing
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