Greely Homes with Investment Subtype

Greely Homes with Investment Subtype

Welcome to Greely, Ontario—a charming community that beautifully blends suburban serenity with the vibrancy of urban life! Nestled just south of Ottawa, Greely is the perfect place for those seeking a peaceful lifestyle without sacrificing access to the amenities of a bustling city. With its lush green spaces, friendly neighborhoods, and a strong sense of community, Greely has become a sought-after destination for families, retirees, and investors alike.

This picturesque area boasts a variety of recreational activities, including parks, walking trails, and golf courses, making it a haven for outdoor enthusiasts. The local schools are highly rated, ensuring that families have access to quality education. Greely's close-knit community hosts numerous events throughout the year, fostering connections among residents and making it easy to feel at home.

For those considering real estate investments, Greely presents a unique opportunity. Homes in this region not only offer a cozy and welcoming atmosphere but also promise significant potential for appreciation. With a growing population and increasing demand for housing, investing in Greely's real estate market can yield lucrative returns. Whether you are looking for single-family homes, townhouses, or larger properties with acreage, Greely has diverse options that cater to various lifestyles and investment strategies.

Embrace the chance to own a piece of this vibrant community. With its blend of tranquility, convenience, and investment potential, Greely is not just a place to live; it's a place to thrive. Discover your dream home in Greely today!

Newest Greely Homes with Investment Subtype

$938,000
X13732866 MLS
Location, Location, Location! Transform this high visibility asset into Commercial space of your own. Flexible zoning allows for Mixed use - turn into an OFFICE or have SHORT TERM RENTALS, etc. Endless possibilities await with this exceptional income-generating property in the heart of Central Ottawa, ideally positioned between Centretown, Chinatown, and Little Italy. A rare opportunity for investors, developers, and land bankers seeking strong cash flow today with substantial redevelopment potential tomorrow. Zoned TM14 H(20), this highly flexible zoning allows for a wide range of commercial, mixed-use, and multi-residential uses with building heights up to 20 metres, creating tremendous future upside in one of Ottawa's fastest-growing urban corridors. Situated on a 29 x 110 ft lot with 5 rear parking spaces, this property offers unbeatable convenience with a near-perfect Walk Score of 99/100. Steps to transit, employment hubs, restaurants, parks, shopping, and downtown amenities, this location continues to attract strong tenant demand and redevelopment interest. Currently configured with 7 (seven) fully furnished mid- to long-term residential tenants (formerly office use), accompanied by 2 shared kitchens and 2 shared bathrooms. The property has undergone over $100,000 in renovations to enhance tenant appeal and maximize rental performance. Potential gross income when fully rented: $116,832/year. Generate strong existing income while maintaining the flexibility to redevelop, reposition, expand, or hold as a long-term appreciation asset. Ideal for developers, commercial investors, multi-unit buyers, and those seeking a value-add opportunity with future intensification potential. Rarely do properties combine cash flow, premium urban location, zoning flexibility, parking, and development potential in one package. Contact listing agent for financials, additional photos, and private viewing. ALL SERIOUS OFFERS WELCOME.

474 SOMERSET Street W, Ottawa Centre

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