1007 Blair Road

1007 Blair Road
1007 Blair Road
1007 Blair Road
+12
4
 bed
2
 bath
12
 parking
-
 sqft
Detached
$1,199,900
For Sale
73 days
 on site
$1,199,900
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Size
-
Lot size
15778 sqft
Street frontage
-
Possession
2025-03-28
Price per sqft
-
Taxes
$4,748 (2024)
Parking Type
-
Style
Bungalow
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Description
Discover a rare investment opportunity with this versatile property, currently generating steady rental income while offering significant potential for future development. Situated in a desirable location, this property is already a lucrative rental, bringing in $4,000 per month, ensuring immediate cash flow for investors. However, the true value lies in its untapped potentialthe lot extends an additional 50 feet beyond the existing fence, presenting a unique opportunity for expansion or redevelopment.The current structure is a well-maintained rental property, appealing to long-term tenants and providing a reliable income stream. With its spacious layout and modern amenities, it attracts high-quality tenants, making it a low-maintenance investment for those looking for passive income. The propertys location is ideal, close to essential amenities, schools, transportation hubs, and thriving commercial areas, ensuring consistent demand in the rental market.What sets this property apart is its development potential. The additional 50 feet of land beyond the fence opens the door to a variety of possibilities. Whether youre considering expanding the existing structure, building additional units, or creating a mixed-use development, this property offers the flexibility to maximize your investment. The area is ripe for growth, with increasing demand for housing and commercial spaces, making it an ideal time to capitalize on this opportunity.For investors looking to diversify their portfolio, this property offers the best of both worlds: immediate rental income and long-term appreciation through development. Whether youre a seasoned developer or a first-time investor, this property is a standout opportunity to build equity and generate substantial returns. Dont miss out on this chance to own a property with proven income potential and exciting future prospects. Schedule a viewing today and explore the possibilities!
Broker: ENGEL & VOLKERS OTTAWA
MLS®#: X11974621
Property details
Parking:
12
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungalow
MLS Size:
-
Lot front:
60 Ft
Lot depth:
262 Ft
Listed on:
Feb 15, 2025
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Instant estimate:
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$44,382
lower than listed price
i
High
$1,213,294
Mid
$1,155,518
Low
$1,097,742
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About 1007 Blair Road

1007 Blair Road is a Gloucester detached house for sale. It has been listed at $1199900 since February 2025. This detached house has 4 beds and 2 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this detached house.

If you are reliant on transit, don't fear, 1007 Blair Rd, Ottawa has a public transit Bus Stop (CROWNHILL / BLAIR) not far. It also has route close by.