Stittsville Homes with Investment Subtype

Stittsville Homes with Investment Subtype

Welcome to Stittsville, Ontario – a vibrant and growing community that perfectly blends suburban charm with urban convenience. Nestled just west of Ottawa, Stittsville is known for its friendly atmosphere, beautiful parks, and a wide array of amenities that cater to families, professionals, and retirees alike. With its rich history and a commitment to community spirit, Stittsville has become a sought-after destination for those looking to call this picturesque area home.

Stittsville is characterized by its diverse neighborhoods, featuring a mix of modern homes, charming bungalows, and spacious townhouses. The real estate market here offers an exciting opportunity for investors, particularly in homes with an investment subtype. Whether you’re looking for a property to rent out or seeking a future resale opportunity, Stittsville provides a promising landscape for real estate investment. The demand for rental properties is on the rise, thanks to the area's proximity to Ottawa and its excellent schools, making it an ideal choice for families and young professionals.

Residents enjoy an active lifestyle with access to numerous parks, walking trails, and recreational facilities. The community is also home to a variety of shops, restaurants, and local businesses, ensuring that everything you need is just a stone's throw away. With ongoing developments and a strong sense of community, investing in Stittsville not only secures a beautiful home but also a stake in a flourishing market. Discover the charm and potential of Stittsville – your future investment awaits!

Newest Stittsville 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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