201 - 203 Heritage Maple Way

If you’re on the lookout for a fantastic investment opportunity, look no further than this Multi-Family Home for sale in Ottawa , located at 201 - 203 Heritage Maple Way, Ottawa. This property is a rare gem in the Kingsview Park area, boasting two fully severed 33 x 100 R4 lots, making it an ideal choice for developers and investors alike. With interim income from an existing two-unit duplex, which features a one-bedroom unit on the main floor and a three-bedroom unit above, this property is not just a house but a promising venture.

The building itself is a charming multiplex styled over two storeys, with a combination of wood and vinyl siding that gives it a lovely curb appeal. The address, 201 - 203 Heritage Maple Way, Ottawa, is situated in the vibrant community of 3404 - Vanier, which is known for its friendly atmosphere and proximity to local amenities. The duplex offers a total of 11 rooms, including four spacious bedrooms and two bathrooms, catering to various living arrangements.

One of the standout features of this Multi-Family Home for sale in Ottawa is the two kitchens, perfect for the separate units, allowing for independence and convenience. While there is no additional kitchen, the current setup is more than adequate for the needs of both units. The upper three-bedroom unit is particularly bright and functional, with hardwood flooring throughout and an eat-in kitchen that leads to a large south-facing balcony, perfect for enjoying the sunshine.

As for the amenities, the property is equipped with central air conditioning, ensuring comfort during those warm summer months. While there is no pool or fireplace, the absence of these features allows for a more manageable maintenance routine. The property is unfurnished, giving new owners the freedom to decorate and furnish it to their taste. The heating system is forced air, and the home is connected to municipal water and sewer services, which is a significant advantage for hassle-free living.

Parking is a breeze with a detached garage that can accommodate two vehicles, along with additional parking space for three more on the lane driveway. This is particularly beneficial in a bustling area like Ottawa, where parking can often be a challenge.

The basement is full and unfinished, presenting an opportunity for further development or storage. There are no extra features listed, but the potential for this Multi-Family Home for sale in Ottawa is immense. With three separate entrances, the property ensures privacy for each unit, and the steady rental demand in the area makes it a sound investment choice.

Located just steps away from Beechwood Village, residents can enjoy a variety of cafés, shops, and the beautiful Rideau River pathways. This prime location not only enhances the living experience but also adds to the property’s value. Whether you’re considering land-banking, building on one lot while holding the other, or simply continuing to operate it as an income property, this Multi-Family Home for sale in Ottawa offers flexibility and potential.

In summary, 201 - 203 Heritage Maple Way, Ottawa, is a prime 66-foot frontage redevelopment site with existing income, nestled in a sought-after pocket just minutes from downtown Ottawa. With its character, updates, and strategic location, this property is a must-see for any serious developer or investor looking to make a mark in the Ottawa real estate market. Don’t miss out on this incredible opportunity!

Vanier, located just east of downtown Ottawa, is a vibrant and diverse neighbourhood known for its rich cultural tapestry and strong sense of community. The area boasts a mix of residential homes, parks, and local businesses, providing a lively atmosphere that appeals to a variety of residents. With its proximity to the Rideau River and numerous green spaces, Vanier offers ample opportunities for outdoor activities and leisurely strolls. The neighbourhood is well-served by public transport, making it easy to access the city centre and beyond. Residents can enjoy a blend of urban convenience and a welcoming, close-knit environment, making Vanier an appealing choice for those looking to settle in Ottawa.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest school is Assumption School, a Catholic elementary institution just 0.3 km away, offering grades JK to 6 with a solid rating of 5. Robert E. Wilson Public School, another elementary school, is only 0.8 km from the property, providing English instruction for grades JK to 6 and boasting a rating of 4. For families with older children, Lisgar Collegiate Institute, a public secondary school offering grades 9 to 12, is situated 2.4 km away and has a commendable rating of 7.9. Additionally, Manor Park Public School and Vincent Massey Public School, both within a 4 km radius, offer French language instruction and are rated 6 and 6.9, respectively. Queen Elizabeth Public School, also nearby at 1.5 km, caters to grades JK to 8 with a rating of 3.9. Lastly, Immaculata High School, a Catholic secondary school for grades 7 to 12, is located 2.9 km away with a rating of 5.8. This diverse selection of schools ensures a quality education for children of all ages in the vicinity.