259 Bradley Avenue Ottawa, Ontario K1L 7E8

$1,049,000

Build generational wealth by developing your own 12 unit multifamily property. Experienced Planners and Builders have created this unique layout so that the end user can save upwards of $100k+ in development charges, cash-in-lieu fees, and more compared to a traditional purpose built 12-16 unit building while enjoying the same rental income. Other advantages of this design includes: no sprinkler system, available municipal garbage collection, no required accessible units, no common stairway, available on-site parking and more. The efficient design helps minimize maintenance costs and maximizes profitability for future owners, while lowering development charges and construction costs. With the new Zoning By-law amendment, there is potential to add an additional 4 units, for a total of 16 units. No site plan &/or zoning by-law amendment required. Take advantage of federal rebates as well as the available plans which can take you straight to building permit while utilizing CMHC MLI select level 3 program which offers you higher amortization and lower interest payments. Buyer to pay for development charges, and permitting fees. Plans available upon request. Available studies: TIR, Grading, Architectural, Structural layouts, and HVAC (id:48414)

Property Details

MLS® Number X9519987
Property Type Vacant Land
Neigbourhood Vanier
Community Name 3402 - Vanier

Building

Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 94 Ft ,8 In
Size Frontage 66 Ft
Size Irregular 66 X 94.74 Ft ; 0
Size Total Text 66 X 94.74 Ft ; 0
Zoning Description R4ua

Utilities

Cable Installed
Sewer Installed

https://www.realtor.ca/real-estate/27446887/259-bradley-avenue-ottawa-3402-vanier