$1,900,000

Investment For Sale In Glebe - Dows Lake, Ottawa, Ontario

$1,900,000

Property Information:

DEVELOPMENT PROPERTY. Legal Triplex with three tiered side balconies, on corner of Glebe Ave and Percy. Being marketed as an income property with development potential. Currently R3P zoning, but with new City of Ottawa plan, will be N3B zoning. Perfect for the developer who wants to sit on the property, with an income, until the new zoning is approved. A corner lot, like this, is perfect for the new city density expansion. Seller does not want showings to disturb the tenants. Attachments are Rent Roll, Compliance Report, Confirmation of zoning. The possibilities are endless. 48 hour irrevocable on any offer. Interior viewing and inspection after an accepted offer. Boiler - approx. 5 years old. Roof - approx. 10 years old. No asbestos or uffi to the owner's knowledge. Knob and Tube wiring throughout. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Air Conditioning: Yes
  • Basement Development: Unfinished
  • Basement Type: Full
  • Construction Style - Attachment: Attached
  • Exterior Finish: Brick
  • Flooring Type: Flooring Type, Hardwood
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner

Property Features:

  • Property Type: Multi-family
  • Built in: 1920
  • Irregular: Yes
  • Lease Type: Lease Type
  • Lot Depth: 103.4 Feet
  • Lot Frontage: 49.8 Feet
  • Lot Size: 49.87 ft X 103.43 ft (Irregular Lot)
  • Zoning: R3P
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 2

Courtesy of: ENGEL & VOLKERS OTTAWA

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