$1,598,000

Investment For Sale In Glebe - Dows Lake, Ottawa, Ontario

$1,598,000

Property Information:

DEVELOPERS! Rare opportunity to build fronting on the canal, in the GLEBE! Take advantage of R4 zoning to add height or increase units. Currently fully rented at market rents with just a few long-term tenants. This property consists of two x four-unit buildings - 206-208 Queen Elizabeth and 210-212 Queen Elizabeth. BOTH UNITS ARE TO BE SOLD SIMULTANEOUSLY. Each four-unit (2x 2 beds + 2x 1 bed units) building can be financed with residential interest rates. All tenants pay their own hydro. Most units updated over the years. All units contain laundry. Selling for land value, showings upon accepted offer. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Construction Material: Wood frame
  • Construction Style - Attachment: Attached
  • Exterior Finish: Brick
  • Flooring Type: Hardwood
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Recreation Nearby, Shopping
  • Built in: 1892
  • Communication Type: Cable Internet access, Internet Access
  • Current Use: Development residential
  • Irregular: Yes
  • Lease Type: Lease Type
  • Lot Depth: 66.0 Feet
  • Lot Frontage: 33.9 Feet
  • Lot Size: 33.92 ft X 66 ft
  • View Type: River view
  • Zoning: R4UD
  • Sewer: Municipal sewage system
  • Parking Type: Open, Surfaced
  • No. of Parking Spaces: 2

Courtesy of: TRU REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.