119 FIELDROW STREET, Ottawa
PRICED FOR LAND VALUE - EXCEPTIONAL DEVELOPMENT POTENTIAL! CORNER LOT! (125.46 feet by 77.49 feet). An outstanding opportunity for builders, developers and investors to capitalize on a property offering exciting future possibilities under N2E zoning. The value here is in the LAND and its redevelopment potential. Under the City of Ottawa's new zoning framework, N2 - Neighbourhood Zone 2 provides increased residential development flexibility, permitting a density of up to 1.5 dwelling units per 100 m of lot area, to a maximum of 6 dwelling units per building, subject to lot dimensions, servicing, setbacks and all applicable City requirements. The "E" subzone reflects a more suburban development pattern, including an 18-metre minimum lot width and 6-metre minimum front-yard setback. This creates an exciting opportunity to explore a variety of redevelopment concepts and residential configurations, making this an attractive land acquisition for those looking toward future intensification and long-term value. Buyers are encouraged to complete their own due diligence with the City of Ottawa regarding their intended development plans. The property is currently improved with a detached bungalow that is tenant-occupied, providing existing rental income while a purchaser explores future development opportunities. A property to buy for today, but with an eye firmly on tomorrow - LAND VALUE, INCOME and DEVELOPMENT POTENTIAL all in one! Current rental income is $4295/month and viewing will only be allowed upon acceptance of an offer since being sold for LAND POTENTIAL! (id:25961)
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Details
- Architectural Style: Bungalow
- Amenities Nearby: Park, Public Transit
- Ownership: Freehold
- Parking Spaces: 6
- Transaction: For sale
- Zoning Description: N2E
Building
- Appliances: All, Water Heater
- Architectural Style: Bungalow
- BasementType: N/A (Finished)
- Basement Development: Finished
- Bedrooms Main Level: 3
- Bedrooms Lower Level: 2
- Construction Style Attachment: Detached
- Cooling: Central air conditioning
- Exterior Finish: Stucco, Vinyl siding
- Fireplace Present: False
- Foundation: Block
- Bathrooms (Total): 2
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 700 - 1100 sqft
- Stories Total: 1
- Type: House
- Utility Water: Municipal water
Land
- Amenities: Park, Public Transit
- Sewer: Sanitary sewer
- Size Depth: 77 ft ,6 in
- Size Frontage: 125 ft ,6 in
- Size Irregular: 125.5 x 77.5 FT
This property for sale is located at 119 FIELDROW STREET in Ottawa. It was last modified on September 21st 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa homes for sale.
Listing provided by ROYAL LEPAGE PERFORMANCE REALTY
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