$975,000
Situated on a meticulously chosen lot w/ front & back access on two streets, this exceptional development project boasts the approval from the Committee of Adjustment for the lot to be severed into two w/ each lot having COA approved plans / variances to host an 8plex for a total of 16 units. Each thoughtfully designed 8plex offers a diverse range of layouts to cater to various tenant needs, including 2X 2bedrm, 5X 1bedrm (including one barrier free unit) & 1x Studio. Next Steps for you: w/ variances and severances secured; and some of the key documentation / steps completed; the next milestone is obtaining the building permit & checking the possibility of eligibility for no GST on the construction of the multi family units & financing through the government of Canada's building accelerator fund. The existing house is rented. This project offers visionary builders a rare opportunity for lucrative returns & success. Contact me today for more details on this meticulously planned venture. (id:48414)
Property Details
MLS® Number
|
1398097 |
Property Type
|
Vacant Land |
Neigbourhood
|
Castle Heights |
AmenitiesNearBy
|
Public Transit, Shopping |
Building
BasementDevelopment
|
Not Applicable |
BasementType
|
Unknown (not Applicable) |
UtilityWater
|
Municipal Water |
Land
AccessType
|
Road Access |
Acreage
|
No |
CurrentUse
|
Development Residential |
LandAmenities
|
Public Transit, Shopping |
Sewer
|
Municipal Sewage System |
SizeDepth
|
100 Ft |
SizeFrontage
|
63 Ft |
SizeIrregular
|
0.14 |
SizeTotal
|
0.14 Ac |
SizeTotalText
|
0.14 Ac |
ZoningDescription
|
R4ua |
https://www.realtor.ca/real-estate/27236209/674-de-leglise-street-ottawa-castle-heights