Vacant Land

293-295 Holmwood Ave, Glebe - Ottawa East and Area, Ontario K1S 2R1

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Property Description

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. 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. **EXTRAS** 2 x Furnaces and 2 x Hot Water Tanks

Basic Details
Property Type : Vacant Land
Listing Type : For Sale
Listing ID : X11881550
Price : $1,395,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 73
Address
Postal Code : K1S 2R1
City : Glebe - Ottawa East and Area
Street : Holmwood
Street Number : 293-295
Street Suffix : Ave
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Features
Swimming Pool : None
Heating System : Forced Air
Parking : 4
Brokerage
Office Name : ENGEL & VOLKERS OTTAWA
Extra Information
Acreage : < .50
Address : 293-295 Holmwood Ave
Air Conditioning : None
Area : Ottawa
Area Code : 32
living_area : 0
living_area_unit : Sqft
Community : 4401 - Glebe
Fireplace/Stove : Y
Garage Spaces : 0.0
Lease : Sale
Municipality Code : 32.23
Municipality District : Glebe - Ottawa East and Area
Tax Year : 2024
Total Parking Spaces : 4.0
Type : .V.
Water : Municipal
Waterfront : None
Zoning : ^_R3P[1474
Vacant Land For Sale
  • Listing ID : X11881550
  • Lot Area : 0 Sqft
  • Visits : 37 in 141 days
$1,395,000