163 Norice Street
FOR SALE
$1,289,000
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3 + 3
BEDROOMS 2
BATHROOMS 1 + 1
KITCHENS 7 + 2
ROOMS X13231402
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Property Description
Rare opportunity to acquire a substantial development lot measuring approximately 103' x 148', ideally located in an established and highly desirable Ottawa neighbourhood. Zoned N2E, this property offers a range of potential redevelopment opportunities for builders, developers, and investors seeking a well-positioned site in a growing urban market.This location also provides outstanding access to major amenities, including schools, Algonquin College, public transit, shopping, parks, and recreational facilities, making it an attractive setting for future development.The property may be purchased with tenants in place for immediate income potential or with vacant possession, offering flexibility to suit a purchaser's development timeline and objectives.Development sites of this size and location are increasingly difficult to find. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, redevelopment potential, and any applicable municipal approvals.
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Property Features
Accessory Apartment, Carpet Free, Sump Pump, Water Heater Owned
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Property Details
Address
163 Norice Street
Community
Postal Code
K2G 2Y5
Property Type
Detached, Detached
Zoning
N2E
Lot Size
103' x 146'
Acreage
498.7 Feet
Taxes
$4,994 (2025
Basement
Apartment, Finished, Half, Partially Finished, Walk-Up
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Detached
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Listing contracted with Royal Lepage Team Realty
Exceptional space, quality, and location! Welcome to this impressive all-brick bungalow in the sought-after, family-friendly community of Crestview-Meadowlands. Offering just under 4,000 sq. ft. of living space across two levels, with nearly 2,000 sq. ft. on the main floor, this home delivers spacious and versatile living. A welcoming covered front porch leads into a thoughtfully designed main level featuring a generous living room, formal dining room, gourmet kitchen, and cozy family room. The kitchen showcases Cherry cabinetry, granite countertops, and stainless steel appliances, including a countertop gas cooktop and wall oven. The carpet-free main floor features hardwood and ceramic tile throughout, highlighted by custom Brazilian Cherry flooring with distinctive brass inlays in the living room and bedroom hallways. A dedicated laundry room adds everyday convenience. The expansive lower level offers nearly 2,000 sq. ft. of additional space, including a large finished recreation room with gas fireplace, fourth bedroom, third full bathroom, hobby/workshop room, cold storage, and an oversized storage area. With the ability to easily add a separate entrance, there is incredible potential for an in-law suite-making this property ideal for a multigenerational family. Enjoy the large backyard and covered rear porch, perfect for outdoor dining and entertaining, with a natural gas BBQ hookup. Set on a generous lot in a mature, established neighbourhood, this home is ideally located close to parks, excellent schools, shopping, public transit, tennis courts, an outdoor pool, and recreation arenas. Easy access to Highway 417, Carleton University, and Algonquin College makes this an excellent location for families and professionals alike. Updates: Roof (2016), Furnace & A/C (2016), Owned HWT (2024). Some photos have been virtually staged. Sold as-is.
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