Fully approved triplex development site for sale. This lot is available for $849,000 and comes with all the approved working architectural drawings. The successful buyer will undertake the construction at their cost. The Seller has prepared the site for construction. The demolition of the existing structure is approved and will occur this summer, 2024 at the seller's expense. The design plans offer 3 spacious floors of 1,410 square feet. Each floor is designed as an apartment easily configured for a one-bedroom, two-bedroom, or bachelor layout. This is a fantastic long-term investment opportunity for an owner-occupier to live in one unit and rent out the second and third units for income to offset the cost of ownership. The plans call for a driveway that can accommodate two vehicles parked in tandem. Several new developments on this street and the neighborhood across from and adjacent to the property. Well situated close to shopping and transit. (id:6673)
| MLS® Number | 1401397 |
| Property Type | Multi-family |
| Neigbourhood | Castle Heights Rideau High |
| CommunicationType | Internet Access |
| ParkingSpaceTotal | 2 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 2024 |
| ConstructionStyleAttachment | Attached |
| CoolingType | Unknown |
| ExteriorFinish | Siding |
| FlooringType | Vinyl |
| FoundationType | Poured Concrete |
| HeatingFuel | Electric |
| HeatingType | Heat Pump |
| StoriesTotal | 2 |
| Type | Triplex |
| UtilityWater | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 46 Ft ,1 In |
| SizeFrontage | 46 Ft ,8 In |
| SizeIrregular | 46.7 Ft X 46.11 Ft (irregular Lot) |
| SizeTotalText | 46.7 Ft X 46.11 Ft (irregular Lot) |
| ZoningDescription | Am10 |
Contact us for more information
Mitch Gauzas
Salesperson
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)