Prime Development Land/Investment Property (Real Estate - Houses, Properties for Sale)

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Ad ID 13284 in Category: Real Estate - Houses, Properties for Sale

Prime Development Land/Investment Property


OTTAWA, ON, Canada
$479,000

Three large (40 X 135) adjacent lots (total property 120x135). Centrally located in the West End of Ottawa, north of Baseline Road and between Merivale and Fisher Avenue. Property is on a bus route. Currently a bungalow on one of the lots and a triplex on the second lot. The third lot is vacant and ready for development individually or as part of a larger project with the first two lots.

Zoning is R5A which permits low rise, multi-unit building to a max of 3 storys above grade. All units are currently rented, grossing an average of 4k/month. Tons of potential to upgrade buildings or re-develop lots..

Related Link: (None)
Target Prov.: All Provinces & Territories
Target  City: All Cities
Last  Update: Nov 29, 2006 02:52:54 PM EDT
Ad Owner Name: Greg
Contact Phone: (None)
Contact Email: greg.hill@rogers.com
Number of Views: 139

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