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$ 1,049,000
Est. payment | /mo
3,049 Sqft Lot
$ 1,049,000
Est. payment | /mo
3,049 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Vanier
MLS® Listing ID 1410145
Originating Board Ottawa Real Estate Board
Lot Size 3,049 Sqft
Acres 3049.2
Property Description
Build generational wealth by building your own 12 unit multifamily property post committee of adjustment approval. 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 include: no sprinkler system, municipal garbage collection, no accessible units, no common stairway, available on-site parking and more. The property’s efficient design helps minimize maintenance costs and maximizes profitability for future owners. With the new Zoning By-law amendment, there is potential to add an additional 4 units, to a total of 16 units as basement units will be undeveloped. No site plan &/or zoning by-law amendment required. Status: Pending Committee of adjustment approval. (id:24570)
Location
Province ON
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
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