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$ 1,250,000
Est. payment | /mo
8 Beds
4 Baths
$ 1,250,000
Est. payment | /mo
8 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 4001 - Lower Town/Byward Market
MLS Listing ID X12394320
Style 2-Storey
Bedrooms 8
Annual Tax Amount $13,364
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Exceptional investment and development opportunity in one of Ottawas most coveted locations! This 66ft x 99ft lot features FOUR existing homes (two sets of semi-detached properties) with Traditional Main Street zoning that permits a wide range of development options, including extensive plans already in place for a 27-unit building. Current properties consist of two spacious 3-bed/1-bath brick semis and two 1+den/1-bath semis, providing solid income with strong upside potential through updates and rent increases. Extensive architectural plans, engineering reports, and planning studies for a stunning 27-unit project incorporating the existing structures available, giving you a head start on development. Located at the northern edge of the City, surrounded by sought after condo buildings & Embassies, minutes to the Ottawa River, The Byward Market, Parliament Hill & so much more, this location is second to none!
Location
Province ON
County Ottawa
Community 4001 - Lower Town/Byward Market
Area Ottawa
Zoning TM12 H(14.5)
Rooms
Basement Crawl Space, Unfinished
Kitchen 4
Interior
Interior Features None
Cooling None
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Building
Foundation Other, Stone
Others
Virtual Tour https://www.youtube.com/watch?v=0WoBClZw9DE&feature=youtu.be
Lited by EXP REALTY