Property Information:

Excellent redevelopment and income-property opportunity in a desirable, well-located Ottawa neighbourhood. Zoned R4E, this property offers strong flexibility for a variety of residential uses, subject to buyer due diligence and municipal approvals. The home features a total of two bedrooms, with one bedroom on the main level and one bedrooms on the second floor , offering a practical layout suitable for end-users or investors. The main level includes one bedroom, kitchen, living room, dining area, and a full washroom equipped with a jet tub. The second floor has been fully renovated and offers One bedrooms, a family room, dining area, kitchen, laundry/storage, and a full washroom, also equipped with a jet tub. A sliding door separating the main and second levels provides full privacy, enhancing the property's suitability for multi-generational living or income potential. All major components are owned outright, including the hot water tank, with no rental contracts in place. With its strong location, flexible zoning, and multiple redevelopment or income possibilities, this property presents a compelling long-term investment opportunity. Buyers are advised to verify zoning, permitted uses, and development potential to their own satisfaction. (id:27)

Building Features:

Style: Detached
Building Type: House
Air Conditioning: Yes
Basement Development: Unfinished
Basement Type: Full
Construction Style - Attachment: Detached
Exterior Finish: Aluminum siding
Floor Space: 1500 - 2000 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Oil
Cooling Type: Window air conditioner
Appliances: Dishwasher, Microwave, Stove

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 2
Bathrooms: 2
Fence Type: Fenced yard
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 95 Feet
Lot Frontage: 33 Feet
Lot Size: 33 x 95 FT ; 0
Zoning: R4E
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 2

Rooms:

Kitchen 2nd Level 3.40 m x 5.17 m
Primary Bedroom 2nd Level 3.60 m x 4.62 m
Laundry 2nd Level 3.40 m x 3.45 m
Family 2nd Level 3.61 m x 4.26 m
Other Lower Level 3.51 m x 3.18 m
Other Lower Level 3.61 m x 5.80 m
Recreation Room Lower Level 7.12 m x 7.02 m
Living Main Level 3.42 m x 4.63 m
Kitchen Main Level 3.53 m x 2.41 m
Dining Main Level 3.60 m x 5.59 m
Bedroom Main Level 3.61 m x 3.36 m

Convert Measurement to:

Courtesy of: POWER MARKETING REAL ESTATE INC.

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Demographic Information of 231 ETHEL STREET, Ottawa, Ontario, K1L 5X1

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$113,232.29

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.69 %

High school certificate or equivalent

25.04 %

Apprenticeship trade certificate/diploma

5.23 %

College/non-university certificate

14.61 %

University certificate (below bachelor)

2.73 %

University Degree

39.7 %

Commuter

Travel To Work

By Car

61.33 %

By Public Transit

17.52 %

By Walking

13.3 %

By Bicycle

2.46 %

By Other Methods

5.39 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

67.85 %

Houses

32.15 %

231 ETHEL STREET, Ottawa, Ontario, K1L 5X1