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4602 - Heron Park, Billings Bridge - Riverside Park and Area, ON K1V 8G9
$699,000
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Welcome to 2511 Junction Avenue-an increasingly rare offering combining a spacious family home with significant redevelopment potential in one of Ottawa's most central and connected neighbourhoods. Situated on a large corner lot and zoned R3A, this property presents an outstanding opportunity for homeowners, investors, and developers alike. The existing 3+1 bedroom home is solid and well-proportioned. Set across from beautiful treed city land, the home enjoys a peaceful and private setting rarely found in such a central location. From a lifestyle perspective, this location is hard to beat-just minutes to Carleton University, Billings Bridge Shopping Centre, Mooney's Bay Park, and Hog's Back Falls, with quick access to downtown via the Airport Parkway. The nearby O-Train further enhances convenience and long-term value. For those looking beyond the existing home, the R3A zoning opens the door to a variety of infill possibilities, including low-rise multi-unit development (buyer to verify). The prominent corner lot adds flexibility and design potential, making this a strategic acquisition in an area seeing continued intensification. Whether you're looking to move in, rent out, or redevelop, this property offers location, lot, and long-term upside-a combination that's becoming increasingly hard to find.