Remarks

Amazing Investment/Development Opportunity in one of Ottawas most spectacular locations! FOUR existing homes (2 sets of semi detached properties) on a 66ft x 99ft lot. Traditional Main Street zoning allowing for a multitude of development options including plans in place for a 27 unit building. Existing properties include two spacious 3 bed 1 bath brick semis & two 1+den 1 bath semis. Solid income while you plan your project & loads of room to increase rents on turnover with some updating. 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:7526)