1007 Blair Rd
$1,199,900
$1,199,900

1007 Blair Rd

2106 - Cardinal Heights, Beacon Hill North - South and Area, Ottawa $1,199,900

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4 Beds
2 Baths
Detached Garage
with 2 Spaces
Parking for 10
E Facing
MLS®#:
X11974621
Property Type:
Detached
Property Style:
Bungalow
Area:
Ottawa
Community:
2106 - Cardinal Heights
Taxes:
$4,748 / 2024
Added:
February 15 2025
Lot Frontage:
60.00
Lot Depth:
262.98
Status:
Active
Outside:
Alum Siding
Year Built:
Basement:
Finished
Brokerage:
ENGEL & VOLKERS OTTAWA
Lot (Feet):

262

60

BIG LOT

Intersection:
Blair Road
Rooms:
9
Bedrooms:
4
Bathrooms:
2
Fireplace:
Y
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Gas

Listing 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!

Sale/Lease History of 1007 Blair Rd

View all past sales, leases, and listings of the property at 1007 Blair Rd.

Neighbourhood

Schools, amenities, travel times, and market trends near 1007 Blair Rd
Schools

7 public & 7 Catholic schools serve this home. Of these, 10 have catchments. There are 3 private schools nearby.

Parks & Rec

4 tennis courts, 3 playgrounds and 16 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 3 min walk away. Rail transit stop less than 1 km away.

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2106 - Cardinal Heights home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 2106 - Cardinal Heights
100%

Insights for 1007 Blair Rd

View the highest and lowest priced active homes, recent sales on the same street and postal code as 1007 Blair Rd, and upcoming open houses this weekend.

Active Comparisons

Detached | Bungalow 8 days ago
3   2    45 Photos
1 km away
1 Less beds $464,900 Lower-priced Same baths Smaller lot
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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)