Rare Investment Opportunity on a Remarkable 4,790 SF Lot! This well-maintained home offers the perfect combination of immediate rental/living potential and long-term redevelopment upside. The approximately 4,790 SF parcel is now governed by Ottawa's adopted Zoning By-law 2026-50 (N3C), allowing expanded low-rise residential density with a maximum building height of 11 metres. Located immediately adjacent to Main Street Zoning 2, the property benefits from an increasingly interesting development context and potential for future intensification. Buyers are encouraged to conduct their own due diligence with the City of Ottawa regarding permitted uses, development options, setbacks, parking and approvals.In the meantime, the existing home is in good condition and offers excellent flexibility-move in, rent it out, or hold as an income-producing property while planning for the property's future potential. Recent improvements include newer paint (2022), updated kitchen light fixtures, replacement light switches throughout, and refreshed doors, creating a clean and comfortable living space.The rear porch provides convenient storage and connects to a spacious, accessible laundry area. The fully fenced backyard offers generous green space and a patio, providing plenty of room for outdoor enjoyment today while preserving valuable future parking space.Ideally situated just steps from the river and Britannia Beach, with convenient access to shopping, schools and public transportation. A rare opportunity to acquire a property that works as a home today and offers compelling land value and redevelopment potential for tomorrow.Live in it. Rent it. Hold it. Develop it when the timing is right. (id:25961)
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Rooms
| Level | Type | Dimensions |
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Details
- Architectural Style: Bungalow
- Ownership: Freehold
- Parking Spaces: 3
- Transaction: For sale
- Zoning Description: N3C
Building
- Appliances: Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
- Architectural Style: Bungalow
- BasementType: Crawl space
- Bedrooms Main Level: 2
- Construction Style Attachment: Detached
- Cooling: Window air conditioner
- Exterior Finish: Brick, Wood
- Fireplace Present: False
- Foundation: Block
- Bathrooms (Total): 1
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 700 - 1100 sqft
- Stories Total: 1
- Type: House
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 48 ft
- Size Irregular: 48 x 100 FT
Listing provided by ROYAL LEPAGE PERFORMANCE REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 98 BOYCE AVENUE in Ottawa Ontario. It was last modified on September 8th, 2026. Contact the Stuewe Team to schedule a viewing or to discover other Ottawa homes for sale.