829 Montreal Road Ottawa, Ontario K1K 0S9

$990,000

Rare opportunity to own a beautifully renovated home with exceptional future development potential! Pride of ownership is evident throughout this elegant residence, which has been extensively renovated and completely gutted to the studs since 2005. Offering the perfect blend of city convenience and country charm, this unique property provides "city living in the front and country living in the back." The inviting main level features an open-concept layout with a stylish kitchen flowing seamlessly into the dining area and den, creating the perfect space for entertaining and everyday living. A spacious living room showcases a stunning stone electric fireplace, while two generously sized bedrooms and a full bathroom complete the main floor.The upper level offers a versatile third bedroom that could easily serve as a private retreat, guest suite, studio, or additional living space. The fully finished lower level expands the living area with a huge family room, large office, second bathroom, and workshop area. The backyard is framed by mature trees, offering incredible privacy, abundant wildlife, a large deck, and a peaceful setting rarely found within the city. Adding tremendous value is the property's desirable commercial zoning, allowing for a variety of professional and commercial uses(buyer to verify permitted uses).For developers and investors, the opportunity becomes even more exciting with the potential acquisition of adjoining properties, creating an assembly of approximately 150 feet of frontage by 110 feet in depth. Under the proposed MS2 (Mainstreet Zone 2) framework, this could represent a significant redevelopment opportunity with potential building heights ranging from approximately 30 metres to 90 metres, subject to municipal approvals, zoning provisions, to be verified by the purchaser. A truly rare offering combining an extensively renovated home, exceptional privacy, commercial flexibility, and outstanding long-term redevelopment potential. (id:55689)

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https://www.realtor.ca/real-estate/29952559/829-montreal-road-ottawa-3104-cfb-rockcliffe-and-area