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$799,000
Est. payment /mo
4 Beds
3 Baths
UPDATED:
02/21/2025 07:42 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Subdivision 5403 - Bel Air Heights
MLS Listing ID X11961443
Style Sidesplit
Bedrooms 4
Annual Tax Amount $4,711
Tax Year 2024
Property Sub-Type Detached
Property Description
**OPEN HOUSE: FEBRUARY 23 (Sunday) 2-4 PM** CALLING ALL INVESTORS, DEVELOPERS, OR FAMILIES ALIKE! Welcome to 1286 Albany Drive, nestled on a massive corner lot in the highly sought-after Bel Air Heights neighbourhood, this property offers exceptional opportunities for both immediate and future returns. Whether you're an investor or looking for a versatile family home with the potential for passive income, this property is an absolute gem! Boasting two separate legal units: the upper unit is a spacious, bright living space featuring 3 large bedrooms, 2 full bathrooms, and an open-concept living area that seamlessly blends with the modern kitchen. The lower unit is equally impressive with its own private entry! This 1-bedroom, 1-bathroom basement suite includes its own living room, kitchen, and in-unit laundry, making it a perfect rental unit or an ideal in-law suite. This self-contained space offers full independence, ensuring comfort and convenience for its occupants.Currently, you have the potential to earn $4,000-$5,000 per month in rental income. And with the zoning in place, you're sitting on a future gold mine: the property allows for the development of a four-plex, so while you wait for permits, you can enjoy the passive income from the existing units.Located just moments from Algonquin College, Navaho Park, Ainsley Park, and an abundance of shopping and amenities, this location is as convenient as it is attractive. Whether you're enjoying the outdoors, shopping, or commuting to work, you're always just steps away from everything you need.The combination of versatility, income potential, and future development opportunities makes 1286 Albany Drive a once-in-a-lifetime opportunity in Ottawa. Don't miss out on this incredible property, book your showing today!
Location
Province ON
County Ottawa
Community 5403 - Bel Air Heights
Area Ottawa
Zoning R1O
Rooms
Family Room No
Basement Finished, Apartment
Kitchen 2
Separate Den/Office 1
Interior
Interior Features In-Law Capability, In-Law Suite, Separate Heating Controls
Cooling Central Air
Exterior
Parking Features Private, Lane
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 99.88
Lot Depth 49.94
Total Parking Spaces 5
Building
Foundation Concrete
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Listed by KELLER WILLIAMS INTEGRITY REALTY