280 Presland Road

This three-bedroom, two-bathroom home is available for sale as a package deal with the adjacent house at 465 Guy Street. These are two contiguous single-family freehold homes packaged together for a multifamily redevelopment site or a buy-and-hold opportunity. An urban mature neighbourhood location in Ottawa's East, near St Laurent Shopping Centre, lots of retail plazas, restaurants, medical centres and other basic amenities. Proximity to Highway 417. The new official zoning designation for the property once finally approved by the city will be N4B. This will permit a height allowance of 12.5 meters, rear yard set back of 7.5 meters, front yard set back of 3 meters, and side yard set backs of 1.8 meters combined. No parking will be required with the new zoning. The total frontage is 120 feet by 120 feet in depth, offering a combined lot of 14,402 square feet. Initial estimates project a floor plate of approximately 9,690 sf with the incoming zoning. Both homes are rented for a combined amount of $6,100 per month. Utilities extra. Great passive income during a redevelopment planning period. The two homes must be sold together.

DEVELOPMENT OPPORTUNITY on a premium 50 x 116 ft lot located on a quiet street in the desirable Overbrook neighbourhood. This is a rare chance to acquire a well-proportioned property in an established area experiencing ongoing redevelopment and strong growth. The existing 2+1 bedroom bungalow with a finished basement is being sold primarily for land value, offering excellent potential for redevelopment or a custom build (buyer to conduct their own due diligence). Potential future build options may include a 4-plex, 6-plex semi-detached, or higher-density development such as a 10- or 12-plex, subject to approvals. Current zoning allows for 10+ units, with the possibility to apply for additional density of up to 18 units - or, alternatively, build 10 units without requiring site plan approval. Ideally situated with quick access to downtown Ottawa, the Rideau River, scenic walking and cycling pathways, parks, and green space. Close proximity to the University of Ottawa, St. Laurent Shopping Centre, schools, public transit, and Highway 417 further enhances the appeal of this centrally located property. Property being sold in "as is, where is" condition. The seller makes no representations or warranties. 24 hours' notice required for all showings.

Development opportunity on a premium 55.71 ft x 100 ft lot located on a quiet cul-de-sac in the desirable Overbrook neighbourhood. Rare chance to acquire a well-sized lot in an established area experiencing ongoing redevelopment and strong growth. The existing 2+1 bedroom home with two full bathrooms and a finished basement is being sold strictly for land value. The property presents an excellent opportunity for redevelopment or a custom build in a neighbourhood seeing increasing new construction and investment (buyer to perform their own due diligence). Ideally situated in a location offering quick access to downtown Ottawa, the Rideau River, scenic walking and cycling pathways, parks, and green space. Close proximity to the University of Ottawa, St. Laurent Shopping Centre, schools, public transit, and Highway 417 adds to the strong redevelopment appeal of this central location. Property being sold in "as is, where is" condition. The seller makes no representations or warranties.