1286 Albany Drive Ottawa, Ontario K2C 2L8
$799,000
*OPEN HOUSE Saturday February 8th and Sunday February 9th 2-4 pm* CALLING ALL INVESTORS, DEVELOPERS, OR FAMILIES ALIKE! Welcome to 1286 Albany Drive, nestled on a massive corner lot in the highly sought-after Bel Air Heights neighbourhood, this property offers exceptional opportunities for both immediate and future returns. Whether you're an investor or looking for a versatile family home with the potential for passive income, this property is an absolute gem! Boasting two separate legal units: the upper unit is a spacious, bright living space featuring 3 large bedrooms, 2 full bathrooms, and an open-concept living area that seamlessly blends with the modern kitchen. The lower unit is equally impressive with its own private entry! This 1-bedroom, 1-bathroom basement suite includes its own living room, kitchen, and in-unit laundry, making it a perfect rental unit or an ideal in-law suite. This self-contained space offers full independence, ensuring comfort and convenience for its occupants.Currently, you have the potential to earn $4,000-$5,000 per month in rental income. And with the zoning in place, you're sitting on a future gold mine: the property allows for the development of a four-plex, so while you wait for permits, you can enjoy the passive income from the existing units.Located just moments from Algonquin College, Navaho Park, Ainsley Park, and an abundance of shopping and amenities, this location is as convenient as it is attractive. Whether you're enjoying the outdoors, shopping, or commuting to work, you're always just steps away from everything you need.The combination of versatility, income potential, and future development opportunities makes 1286 Albany Drive a once-in-a-lifetime opportunity in Ottawa. Don't miss out on this incredible property, book your showing today! (id:47263)
Property Details
| MLS® Number | X11961443 |
| Property Type | Single Family |
| Community Name | 5403 - Bel Air Heights |
| Features | Lane, In-law Suite |
| Parking Space Total | 5 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Amenities | Separate Heating Controls |
| Basement Development | Finished |
| Basement Features | Apartment In Basement |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Detached |
| Construction Style Split Level | Sidesplit |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 49 Ft ,11 In |
| Size Frontage | 99 Ft ,10 In |
| Size Irregular | 99.88 X 49.94 Ft ; Corner Lot |
| Size Total Text | 99.88 X 49.94 Ft ; Corner Lot |
| Zoning Description | R1o |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 4.1 m | 3.1 m | 4.1 m x 3.1 m |
| Second Level | Bedroom 2 | 2.9 m | 2.5 m | 2.9 m x 2.5 m |
| Second Level | Bedroom 3 | 3.1 m | 2.4 m | 3.1 m x 2.4 m |
| Second Level | Bathroom | 2.5 m | 1.4 m | 2.5 m x 1.4 m |
| Basement | Bedroom | 4.5 m | 2.8 m | 4.5 m x 2.8 m |
| Basement | Kitchen | 4.11 m | 3.5 m | 4.11 m x 3.5 m |
| Basement | Bathroom | 2.4 m | 1.46 m | 2.4 m x 1.46 m |
| Basement | Laundry Room | 2.98 m | 2.2 m | 2.98 m x 2.2 m |
| Main Level | Kitchen | 3.07 m | 2.6 m | 3.07 m x 2.6 m |
| Main Level | Dining Room | 3.2 m | 2.4 m | 3.2 m x 2.4 m |
| Main Level | Living Room | 6.5 m | 4.6 m | 6.5 m x 4.6 m |
https://www.realtor.ca/real-estate/27889547/1286-albany-drive-ottawa-5403-bel-air-heights
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February 07 2025 06:21:48
Ottawa Real Estate Board
Keller Williams Integrity Realty