1022 Maitland Avenue, Ottawa, photo 1 1 / 9

$799,900

1022 Maitland Avenue

Braemar Park, Ottawa, ON K2C2B6 · MLS® X14131858

  • 4Bedrooms
  • 2Bathrooms
  • 2Parking

About this property

ATTENTION BUILDERS, DEVELOPERS & INVESTORS! PRIME REDEVELOPMENT OPPORTUNITY! Discover the potential of this approximately 50' x 123' property with City confirmed CM2 (Minor Corridor Zone 2) zoning, offering exciting possibilities for future development and intensification. Ideally situated in an established Ottawa neighborhood with convenient access to Highway 417, public transit, shopping, schools and everyday amenities. A desirable location for a future residential or mixed use project, subject to applicable zoning provisions and municipal approvals. Currently improved with a 3-bedroom bungalow featuring a finished lower level, the property is tenant occupied and generates $3,000/month in all inclusive rental income, offering income while future plans are explored. A new survey is available with an offer. An outstanding opportunity to invest in the land, location and future potential! (id:65933)

Type
House
Category
Single Family
Annual taxes
$4,350
Updated
Oct 30, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Exp Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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