Situated on a meticulously chosen lot w/ front & back access on two streets, this exceptional development project boasts the approval from the Committee of Adjustment for the lot to be severed into two w/ each lot having COA approved plans / variances to host an 8plex for a total of 16 units. Each thoughtfully designed 8plex offers a diverse range of layouts to cater to various tenant needs, including 2X 2bedrm, 5X 1bedrm (including one barrier free unit) & 1x Studio. Next Steps for you: w/ variances and severances secured; and some of the key documentation / steps completed; the next milestone is obtaining the building permit & checking the possibility of eligibility for no GST on the construction of the multi family units & financing through the government of Canada's building accelerator fund. The existing house is rented. This project offers visionary builders a rare opportunity for lucrative returns & success. Contact me today for more details on this meticulously planned venture. (id:2493)
Data was last updated November 9, 2024 at 11:15 PM (UTC)
Area Statistics
Listings on market:
99
Avg list price:
$899,000
Min list price:
$199,000
Max list price:
$13,500,000
Avg days on market:
177
Min days on market:
97
Max days on market:
2,133
Avg price per sq.ft.:
$7,075,471.7
These statistics are generated based on the current listing's property type
and located in
Ottawa. Average values are
derived using median calculations.
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