Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

7 Lowrey Street, WestCentreTown, ON K1Y 2S5 (Garland St & Lowrey St)
$ 1250000 - MLS : X12142418

From Our Gallery

Description

Prime Development Opportunity Well-Maintained Duplex on Oversized Lot: Just 350 meters (a 5-minute walk) from the Bayview O-Train stop, this rare 66' x 100' R4UB-zoned lot offers exceptional potential for investors and developers. With a well-maintained duplex occupying only half the lot, the remaining 33 feet is ideal for future development, with zoning allowing for a 4-storey, 8-unit building (buyer to verify). The property features two updated 2-bedroom units: Unit 1 is a renovated 2-bed, 1-bath with in-unit laundry, currently leased month-to-month at $1,600 to a reliable long-term tenant; Unit 2 has been owner-occupied for 25 years and offers a projected rent of \$2,400\$2,500/month, with two balconies boasting stunning views of the downtown skyline and Gatineau Hills. Key upgrades include a new furnace (2023), AC (~2013), roof (~2013), updated sewer, drain, and water lines, and fully rewired electrical. With two hydro meters, strong rental potential, and major development upside, this is a rare opportunity in a fast-growing, transit-connected location just minutes from downtown.

Location Description

Garland St & Lowrey St

Property Detail

Community: 4202 - Hintonburg
Property Type: Owner+Tenant/Residential Freehold
Bedrooms: 4
Bath: 2
Garages: Detached
Annual Property Taxes : $ 5973.57

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Stone
Counstruction Material : Vinyl Siding
Total Parking Space : 3
Parking Type : Detached

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: ENGEL & VOLKERS OTTAWA

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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