LOADING

42 Holland Avenue Ottawa, Ontario K1Y 0X4

Central Air Conditioning Forced Air

$1,599,000

Developers & Builders - Duplex on double lot 66' x 96' within 100 meters of the Tunney's Pasture LRT Station. Possible to build two 10 unit mutli-family on 33' lots with shared drive to parking in back. This would minimize site plan control costs and time. Properties fully rented. Gross Income $72,800 and NOI $52,918. Low maintenance. Zoning is TM13[2110] H(14.5) which allows for multiple development options. Easy to rent in prime location close to transit and shopping in Wellington Village and Hintonburg. There are adjacent properties North of this one also available for development. Phase 1 & 2 Environmental report completed and available. No showings without an accepted offer as the property is being sold for land value. Two Business Days irrevocable on all offers. Buyers to independently verify zoning and development possibilities. Additional information & documents available upon request. (id:48414)

Property Details

MLS® Number 1382108
Property Type Multi-family
Neigbourhood Wellington Village
ParkingSpaceTotal 6

Building

BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1922
CoolingType Central Air Conditioning
ExteriorFinish Brick
FlooringType Hardwood, Laminate, Tile
HeatingFuel Electric
HeatingType Forced Air
StoriesTotal 2
Type Duplex
UtilityWater Municipal Water

Parking

Attached Garage
Surfaced

Land

Acreage No
CurrentUse Development Residential
Sewer Municipal Sewage System
SizeDepth 96 Ft
SizeFrontage 66 Ft
SizeIrregular 66 Ft X 96 Ft
SizeTotalText 66 Ft X 96 Ft
ZoningDescription Tm13[2110] H(14.5)

https://www.realtor.ca/real-estate/27028653/42-holland-avenue-ottawa-wellington-village