POTENTIAL of UP TO 36 UNITS with this development opportunity under the City's new zoning code. Zoning Summary and Review are available upon request. This property is close to Place d'Orleans, the new upcoming LRT Station, and plenty of nearby Shopping & Amenities. This property has been re-zoned, and is designated as N3B under the City of Ottawa's New Zoning By-Law. Conceptual drawings visible in listing photos are for 24 and 32 unit iterations. The lot is 85 x 215 feet, and the property is currently tenanted at $2900/month inclusive of utilities, allowing for the collection of rents while you plan and prepare your lucrative development project. *Buyers advised to conduct their own due-diligence.* (id:374)
| MLS # | X14114576 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 8 |
| Listing Provided By | AVENUE NORTH REALTY INC. | Moe Sobeh |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,100 |
| Basement | Y |
| Story(s) | 1 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Refrigerator, Stove |
| Fireplace Yes / No | No |
| Foundation Details | Stone |
|---|
| Parking Features | No Garage |
|---|---|
| Parking Total | 10 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 4169.73 |
|---|
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1C1H7 |
| Listing VS Median (in K1C1H7) | |
Price: $889,900 low | high Med: $889,900 sqft: 1,100 low | high Med: 1,100 $ / sqft: $809 low | high Med: $809 On site: 8 low | high Med: 8 | |
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1C1H7 |
| Listing VS Median (in K1C1H7) | |
Price: $889,900 low | high Med: $889,900 sqft: 1,100 low | high Med: 1,100 $ / sqft: $809 low | high Med: $809 On site: 8 low | high Med: 8 | |