Vacant Land For Sale

For Sale
6
$ 1,899,900
Ottawa, Ontario K1N7P5
0 Bed
0 Bath
Acre Acre
0 Room
Built Year 0
QR Code

About this property

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. The Site Plan has been approved but is not registered and the Building Permit Approval is in the final stage with the city. 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%. Over $435,000 has already been paid for soft costs including all plans, permits, land tests, geo tech etc. Close to Ottawa University, Rideau Centre and the Byward market! Plans attached. 48 hours irrevocable on all offers. SELLER IS WILLING TO DO LARGER VTB! (id:48414)

Snapshot

Property Type : Vacant Land
Listing Type : For Sale
Listing ID : 1319029
Price : $1899900
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0.16 Acre
Year Built : 0
Lot Area : 0 Sqft

Features

Basement : Unknown (not Applicable)
Fireplace : False
Furnished : Not Applicable
Land Sewer : Municipal Sewage System

Other Information

Municipal ID : 042090120
Land Size Depth : 101 Sqft
Land Size Irregular : 0.16 Sqft
Zoning Description : R4S
Land Size Total : 0.16 Acre
Listing Provided by : EXP REALTY,EXP REALTY
Land SizeFrontage : 69 Sqft

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