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293-295 Holmwood Avenue in Glebe - Ottawa East and Area for sale

Asking price
$1,395,000
MLS #:
X11881550
Type:
Vacant Land
Basement:
Full, Unfinished
8 8
69.00 x 60.66 ft lot

Listed by Engel & Volkers Ottawa.

293-295 Holmwood Avenue is a Vacant Land and is currently for Sale @ $1,395,000. Taxes in 2024 were $10,847.00.

More homes for sale under 1.4M in Glebe - Ottawa East and Area

Welcome to 293-295 Holmwood Avenue, a brick double situated on a 69 x 60 lot in the heart of The Glebe, one of Ottawa's most desirable neighborhoods. The home on 293-295 Holmwood Avenue has 8 bedrooms, 4 bathrooms, and is located on a 60.66 x 69.00 ft loton < .50 acres in the community of 4401 - Glebe . This property presents a unique opportunity for development in a highly sought-after area, offering potential for investors, developers, or homeowners with a vision. The lot has the possibility of being split into three separate homes (minor variance required), providing excellent flexibility for future projects. While planning your development, benefit from the rental income of, at current market value, approximately $4,000/month per unit, with one side currently tenanted (lease transitioning to month-to-month May 1st) and the other side extensively renovated and move-in ready. Nestled on a quiet, tree-lined street, this property is just steps from Ottawa's best amenities, including the Rideau Canal, Lansdowne Park, top-rated schools, and a thriving selection of shops and restaurants. With its prime location and development potential, this lot offers a valuable opportunity to create something exceptional in The Glebe.

2 x furnaces and 2 x hot water tanks

The address 293-295 Holmwood Avenue was listed for sale (MLS# X11881550) on Wednesday, December 04, 2024.

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  • Date Listed: Wednesday, December 04, 2024
  • Listing Brokerage: Engel & Volkers Ottawa - Disclaimer: The information contained in this listing has not been verified by Engel & Volkers Ottawa and should be verified by the buyer.
  • City: Glebe - Ottawa East and Area

    More 8 bedrooms homes for sale in Glebe - Ottawa East and Area

  • Neighbourhood: 4401 - Glebe
  • Major Intersection: From Bronson Ave, turn onto Holmwood Ave
  • Full Address: 293-295 Holmwood Avenue, Glebe - Ottawa East and Area, K1S 2R1, ON, Canada
  • Living Room:
  • Kitchen:
  • Amenities:
  • Taxes: $10,847.00 (2024)
Living14 x 13 ft182 sq ft
Dining11 x 12 ft132 sq ft
Kitchen11 x 9 ft99 sq ft
Prim Bdrm14 x 11 ft154 sq ft
2nd Br11 x 12 ft132 sq ft
3rd Br10 x 9 ft90 sq ft
4th Br16 x 13 ft208 sq ft
Bathroom6 x 7 ft42 sq ft

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.