Don't miss the opportunity to own one of the last double development lots in Sandy Hill. 105/109 Henderson Av being offered as a single package to build a 20 unit, 3 story building. Site plan approved, just need to pick up permit. Zoned R4S. Plans consist of 8 x two bedrooms (estimated at $2500 per month), 8 x one beds (estimated at $2000 per month), 4 x Studios (estimated at $1700 per month). Projected GOI = $513,600. Projected NOI = $359,520. Expenses are estimated at 30%. Close to Ottawa University, Rideau Centre and the Byward market! Plans attached. 48 hours irrevocable on all offers. SELLER IS WILLING TO DO LARGE VTB! (id:48414)
| MLS® Number | 1325728 |
| Property Type | Vacant Land |
| Neigbourhood | Sandy Hill |
| Basement Development | Not Applicable |
| Basement Type | Unknown (not Applicable) |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 101 Ft ,3 In |
| Size Frontage | 69 Ft ,6 In |
| Size Irregular | 0.16 |
| Size Total | 0.16 Ac |
| Size Total Text | 0.16 Ac |
| Zoning Description | R4s |
https://www.realtor.ca/real-estate/25167831/105-109-henderson-avenue-ottawa-sandy-hill
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