MULTI UNIT DEVELOPMENT OPPORTUNITY IN PRIME LITTLE ITALY/WEST CENTER TOWN. R4UD zoning, steps to LRT, Preston Street, Dow’s Lake, new Civic Hospital campus and Lebreton Flats. Near permit ready for an 8 unit building with 4x2 bedrooms and 4x1 bedroom units each with laundry & balconies. Based on comparable rents, these units should generate $225,000+ in gross annual rent. Tens of millions being invested in this part of town by developers and landlords! Being sold for land value only. Vendor is a reputable builder and can also build for you. (id:50133)
MLS® Number | 1367287 |
Property Type | Vacant Land |
Neigbourhood | LITTLE ITALY/WEST CENTRE TOWN |
Basement Development | Not Applicable |
Basement Type | Unknown (not Applicable) |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 98 Ft ,8 In |
Size Frontage | 44 Ft ,11 In |
Size Irregular | 0.1 |
Size Total | 0.1 Ac |
Size Total Text | 0.1 Ac |
Zoning Description | R4ud |
https://www.realtor.ca/real-estate/26236076/30-railway-street-ottawa-little-italywest-centre-town
Contact us for more information
Niraj Singhal
Broker
(613) 749-5000
(613) 749-5533