CAD $1,395,000

293-295 Holmwood Avenue, Glebe - Ottawa East and Area, ON, K1S 2R1, CA

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Listing Courtesy of ENGEL & VOLKERS OTTAWA

8 Bd

4 Ba

AM-5063751

MLS#: X11881550

Welcome to 293-295 Holmwood Avenue, a brick double situated on a 69 x 60 lot in the heart of The Glebe, one of Ottawa's most desirable neighborhoods. This property presents a unique opportunity for development in a highly sought-after area, offering potential for investors, developers, or homeowners with a vision. The lot has the possibility of being split into three separate homes (minor variance required), providing excellent flexibility for future projects. While planning your development, benefit from the rental income of, at current market value, approximately

$4,000/month per unit, with one side currently tenanted (lease transitioning to month-to-month May 1st) and the other side extensively renovated and move-in ready. Nestled on a quiet, tree-lined street, this property is just steps from Ottawa's best amenities, including the Rideau Canal, Lansdowne Park, top-rated schools, and a thriving selection of shops and restaurants. With its prime location and development potential, this lot offers a valuable opportunity to create something exceptional in The Glebe. **EXTRAS** 2 x Furnaces and 2 x Hot Water Tanks

Listing Highlights

Tax Annual Amount
$10,847
Heating
Natural Gas, Forced Air
Cooling
None
County
Ottawa

Property Details

Interior Features
Utilities
Utilities
Cable Available
Exterior Features
Pool Features
None
Construction
Property Type
Land
Parking
Parking Total
4

Location

ON
Glebe - Ottawa East and Area
K1S 2R1
Ottawa
293-295 Holmwood Avenue

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CAD$8,140.84

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.