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:374)
Mls | 1398097 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 132 |
Listing Provided By | RIGHT AT HOME REALTY | Henga Nayeri |
Basement | Y |
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Zoning | R4UA |
Acreage | 0.14 |
State | ON |
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City | Ottawa |
Zip Code | K1K3K2 |
Listing VS Median (in K1K3K2) | |
Price: $975,000 low | high Med: $0 On Site: 132 low | high Med: |