$1,589,900

Investment For Sale In Byward Market, Ottawa, Ontario

$1,589,900

Property Information:

FOUR HOMES! 2 sets of semi detached properties on a 66ft x 99ft lot! Less than 400k per semi! Two spacious 3 bed 1 bath brick semis & two 1+den 1 bath semis. Solid income but loads of room to increase rents on turnover with updating. Additional income potential from large storage shed. A fantastic buy and hold investment with huge upside from development potential! Traditional Main Street zoning allowing for a multitude of development options including plans in place for a 27 unit building. Extensive architectural plans, engineering reports & planning studies already completed for a stunning 27-29 unit building incorporating the existing structures. A great opportunity to take advantage of incentives for rental developments currently available & more to come in the near future. Located at the northern edge of the city, surrounded by sought after condo buildings & Embassies, minutes to the Ottawa River, The Byward Market, Parliament Hill & so much more, this location is second to none! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: Crawl space
  • Construction Style - Attachment: Attached
  • Exterior Finish: Brick, Siding
  • Flooring Type: Hardwood, Tile
  • Foundation Type: Stone
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Shopping, Water Nearby
  • Built in: 1878
  • Irregular: Yes
  • Lease Type: Lease Type
  • Lot Depth: 99.0 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 ft X 99 ft
  • Zoning: TM12 H(14.5)
  • Sewer: Municipal sewage system
  • Parking Type: None

Courtesy of: EXP REALTY

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Existing Floorplan -
  • Existing Floorplan -
  • Existing Floorplan -
  • Existing Floorplan -
  • Rendering of potential 27 unit development. -
  • Rendering of potential 27 unit development. -
  • Rendering of potential 27 unit development. -
  • Rendering of potential 27 unit development. -