$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