Fantastic 65'x112' lot in prime location presents an array of development opportunities including low-rise apartment building, with R4UD zoning. Steps to Montfort Hospital & close to La Cite Collegiale, medical centers, Rockcliffe, 10 min to downtown. Property currently consists of a 4 bedroom house and 2 SDUs, bringing in $67k in annual income. Main house rented for $2900, basement bachelor unit rented for $1375 and rear carriage house 1 bedroom unit rented for $1315.60 + heat & hydro, month-to-month. Landlord pays water. Drawings available for 21 unit building consisting of 16 2-bedrm units & 5 1-bedrm units with underground heated parking and the option to add an amenity space on the rooftop. This prime location at Rideau-Rockcliffe is within a very high demand area for rentals. Don't miss this unique opportunity to collect rental income while preparing your development plans.
- Annual Tax Amount: $5,379
- Lot Depth: 34.14 Metre
- Lot Frontage: 20.02 Metre
- Road Access: City Street
- Sewer Type: Sewer Connected
- Title: Freehold
- Zoning: R4UD
- Water Supply: Municipal
Courtesy of: Royal LePage Performance Realty
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
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