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1592 TENTH LINE ROAD, Ottawa, Ontario, K1E 2H8

MLS® # 1367942
Vacant Land For Sale In Orleans Queenswood Heights, Ottawa, Ontario
$1,950,000
Development Lot Approx. Lot Lines. - 1592 Tenth Line Road, Ottawa, ON
Development Lot Approx. Lot Lines. - 1592 Tenth Line Road, Ottawa, ON
Conceptual Drawings - Proposed Development of 27 Unit Multi-residential with underground parking. - 1592 Tenth Line Road, Ottawa, ON
Conceptual Drawings - Proposed Development of 27 Unit Multi-residential with underground parking. - 1592 Tenth Line Road, Ottawa, ON
Conceptual Drawings - Proposed Development of 27 Unit Multi-residential with underground parking. - 1592 Tenth Line Road, Ottawa, ON
Conceptual Drawings - Proposed Development of 27 Unit Multi-residential with underground parking. - 1592 Tenth Line Road, Ottawa, ON
Video
Development Lot Approx. Lot Lines. - 1592 Tenth Line Road, Ottawa, ON
Development Lot Approx. Lot Lines. - 1592 Tenth Line Road, Ottawa, ON
Conceptual Drawings - Proposed Development of 27 Unit Multi-residential with underground parking. - 1592 Tenth Line Road, Ottawa, ON
Conceptual Drawings - Proposed Development of 27 Unit Multi-residential with underground parking. - 1592 Tenth Line Road, Ottawa, ON
Conceptual Drawings - Proposed Development of 27 Unit Multi-residential with underground parking. - 1592 Tenth Line Road, Ottawa, ON
Conceptual Drawings - Proposed Development of 27 Unit Multi-residential with underground parking. - 1592 Tenth Line Road, Ottawa, ON
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ACTIVE
1592 TENTH LINE ROAD, Ottawa, Ontario, K1E 2H8
$1,950,000

Property Information:

Welcome to 1592 Tenth Line Road, an exceptional real estate opportunity in the Orleans neighborhood of Ottawa. This strategically located development lot offers immense potential for investors & developers seeking to create a thriving multi-residential community. The property is perfectly positioned for the construction of 27 one-bedroom units across two buildings, with underground parking. The existing fourplex on the property, with three of its units currently tenanted, provides immediate income - $42,054 NOI, making this a versatile investment. It's important to note that the fourplex is being sold in "as is" condition, as the true value of this offering lies in the development potential the lot holds. One of the most compelling aspects of this property is its prime location in Orleans. It is conveniently situated near essential amenities, making it an attractive option for future residents. Contact me for more information & to explore the full development package of this property. (id:27)

Property Features:

  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Access Type: Road access
  • Lot Depth: 105.8 Feet
  • Lot Frontage: 150.2 Feet
  • Zoning: R4
  • Sewer: Municipal sewage system

Courtesy of: EXP REALTY

REALTOR.ca 

Location of 1592 TENTH LINE ROAD, Ottawa, Ontario, K1E 2H8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

48/100

High

ClimateCheck®

Current data

This property, 1592 TENTH LINE ROAD , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.4 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.4℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

66/100

ClimateCheck®

Current data

This property, 1592 TENTH LINE ROAD , experiences 11 significant 2-day storms per year, with about 328.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 423.8mm of precipitation per year.

Precipitation Per Storm

Past
328.7mm
2050
423.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1592 TENTH LINE ROAD, Ottawa, Ontario, K1E 2H8

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$120,546.57

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.46 %

High school certificate or equivalent

31.92 %

Apprenticeship trade certificate/diploma

4.9 %

College/non-university certificate

25.66 %

University certificate (below bachelor)

1.55 %

University Degree

22.51 %

Commuter

Travel To Work

By Car

82.81 %

By Public Transit

8.26 %

By Walking

3.89 %

By Bicycle

0.0 %

By Other Methods

5.04 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

99.5 %

Own Vs. Rent