13 BALSAM
West Centre Town | Ottawa
$1,025,000.00
Listed 8 months ago
- - bed
- - bath
- - sqft
- - parking
- Vacant Land
Property history
- Now
- Listed on Feb 6, 2024
Listed for $1,025,000.00
246 days on market
Location & area
Schools nearby
Home Details
- Description
- A shovel-ready 8-unit apartment building development opportunity in Centretown West, Ottawa. This sale includes the lot, site-plan approval documents, survey, all required reports and studies and full architectural working drawings. The cost of construction has been estimated to be $1,900,000 by professional contractors and is variable depending on your particular construction and material choices. The existing building is vacant, boarded and ready for demolition. The approved design provides for seven two bedroom apartments and a single one bedroom apartment. The design has an entrance ramp for disability access on the ground floor. Simply acquire the building permit and begin construction. The estimated market value of the development when completed and fully occupied with tenants paying market rent is projected to be greater than $3,530,000. This is a great opportunity for a builder to create a profitable development to hold as an investment or sell for a profit. (id:39198)
- Additional media
- -
- Property taxes
- $4,922.00 per year / $410.17 per month
- Basement
- -
- Year build
- -
- Type
- Vacant Land
- Bedrooms
- null
- Bathrooms
- null
- Parking spots
- Total
- Floor
- -
- Balcony
- -
- Pool
- -
- External material
- -
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- -
- Fire place(s)
- -
Listing Brokerage
- MLS® Listing
- 1376364
- Brokerage
- KELLER WILLIAMS INTEGRITY REALTY
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