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Multi-family For Sale

For Sale
15
$ 1,250,000
$13,158 / Sqft
Ottawa, Ontario K1J7R8
0 Bed
0 Bath
Sqft Sqft
0 Room
Built Year 1989
QR Code

About this property

BUILD BETWEEN 30-40 UNITS WITH REZONE! Solid duplex with fantastic tenants providing passive income. Grossing $38,500/year. BEST of all it sits on a GIGANTIC lot. Get it ready for development while collecting rent/covering costs. 1184 Cummings sits on an HUGE oversized lot: 95ft X 150ft. R3V V Zoning allowing for multiple development options/severing lot. Surrounded by R5 zoning, this lot would be a perfect candidate for a zoning change to R4-R5 or TM (consult urban planner) your luck which makes it perfect for a beautiful apartment building. Information provided as suggestions and recommended to confirm with your professional team! (id:48414)

Snapshot

Property Type : Multi-family
Listing Type : For Sale
Listing ID : 1315154
Price : $1250000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 95.01 Sqft
Year Built : 1989
Lot Area : 0 Sqft

Features

Heating System : Forced Air, Hot Water Radiator Heat
Cooling System : Wall Unit
Basement : Full (finished)
Fireplace : False
Parking : 6
Furnished : Finished
Land Sewer : Municipal Sewage System
Stories : 2
Flooring Type : Laminate, Vinyl, Wall-to-wall Carpet
Building Exterior Finish : Stone
Heating Fuel : Electric, Natural Gas

Other Information

Municipal ID : 042650025
Building Type : Duplex
Land Size Depth : 150 Sqft
Land Size Irregular : 95.01 Sqft
Zoning Description : R3
Parking Name : Open,Oversize,Surfaced
Listing Provided by : ENGEL & VOLKERS OTTAWA CENTRAL,ENGEL & VOL
Land SizeFrontage : 95 Sqft

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