1592 Tenth Line Road, Ottawa
1592 Tenth Line Road, Ottawa
×
8 Photos
- MLS®: 1380087
- Type: Lots and Land
- Added: 60 days ago
Property Details
Location, location, location! 1592 Tenth Line Road, an exceptional opportunity in the Orleans neighborhood of Ottawa. This strategically located development lot offers immense potential for investors & developers seeking to create a thriving multi-residential community. The property is perfectly positioned for the construction of 27 one-bedroom units across two buildings, with underground parking. The existing fourplex on the property, with three of its units currently tenanted, provides immediate income - $42,054 NOI, making this a versatile investment. It's important to note that the fourplex is being sold in"as is" condition, as the true value of this offering lies in the development potential the lot holds. One of the most compelling aspects of this property is its prime location in Orleans. It is conveniently situated near essential amenities, making it an attractive option for future residents. Contact me for more info & to explore the full development package of this property. (id:1945)
Property Information
- Sewer: Municipal sewage system
- List AOR: Ottawa
- Tax Year: 2023
- Photos Count: 8
- Water Source: Municipal water
- Lot Size Units: acres
- Parcel Number: 145180375
- Common Interest: Freehold
- Tax Annual Amount: 5657
- Lot Size Dimensions: 0.37
- Zoning Description: R4
This listing content provided by REALTOR.ca has
been licensed by REALTOR® members of The Canadian Real Estate Association |
---|
Nearby Places
Similar Vacant Lots Stat in Ottawa