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For Sale

22-42 HOLLAND AVENUE

22-42 HOLLAND AVENUE, Ottawa, Ontario K1Y0X4, Canada

$5,490,000 CAD

Developers & Builders - Five adjacent lots: four 33' x 96' and one 66' x 96 with an unused City lane at rear. Municipal addresses: 22,26,30, 34 and 42 Holland Ave Total Holland frontage of 198 feet. Prime development site 19,100 sq ft within 75m of the Tunney's Pasture LRT Station. There are three single family homes and two duplexes. All fully rented. Low maintenance. Gross Income $194,340 and NOI $143,848. Zoning is TM13[2110] H(14.5) which allows for multiple development options. Can build a concrete high rise or six multi-family buildings up to 10 units each on 33' lots. Phase 1 and 2 Environmental report completed for lots 30-42 Holland. No showings without an accepted offer as the properties are being sold for land value. Two Business Days irrevocable on all offers. Buyers to independently verify zoning and development possibilities. Additional information & documents available upon request. (id:41202)

0.45 Acres lot

Jeff Hooper

title Broker
PHONE (613) 853-7484
EMAIL [email protected]

Mike Hooper

title Broker
PHONE (613) 286-5091
EMAIL [email protected]

Features & Amenities

Area & Lot

Status For Sale
Lot Area0.45 Acres
MLS® ID1369421
TypeLand
NeighborhoodWellington Village

Exterior

sewerMunicipal sewage system

Financial

Sales Price$5,490,000 CAD

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Wellington Village

The area features a mix of classic homes and modern infill.

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Contact Details

HOOPER GROUP

Phone

(613) 233-8080

[email protected]

Address

403 Bank St Ottawa, ON K2P 1Y6, Canada

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