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$930,000
Est. payment /mo
11 Beds
5 Baths
UPDATED:
01/03/2025 06:45 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
MLS Listing ID X11906099
Style 2-Storey
Bedrooms 11
Annual Tax Amount $4,783
Tax Year 2024
Property Description
Prime investment opportunity in a cul-de-sac location perched on a hill in the heart of Vanier! This 5,479 ft corner lot with R4E zoning offers a multitude of development options, including custom front-back semis, multi-unit low-rise apartments, and more. The property currently features a fully rented triplex, providing steady cash flow during planning and redevelopment. Severance and minor variance approvals are pending Committee of Adjustment approval , making this an exceptional opportunity for investors and developers. Buyer to confirm and to pay all building approvals. Located just minutes from uOttawa, the Gatineau Bridge, parks, trails, Beechwood Village, and downtown Ottawa, this property boasts unparalleled convenience. Its proximity to shopping, schools, hospitals, and public transit enhances its appeal for future tenants or homeowners. With Vanier undergoing significant redevelopment, this property is a solid long-term hold for future growth and rezoning opportunities. Property sold as is with no warranties or guarantees. Dont miss this rare chance to own a strategically located, high-potential property in one of Ottawas most desirable rental markets!
Location
Province ON
County Ottawa
Community 3402 - Vanier
Area Ottawa
Zoning R4E
Region 3402 - Vanier
City Region 3402 - Vanier
Rooms
Family Room Yes
Basement Finished, Full
Kitchen 5
Separate Den/Office 2
Interior
Interior Features None, Water Heater Owned
Cooling None
Inclusions 5 fridges/ 3 stoves/furnace / two hot water tanks
Exterior
Parking Features Lane
Garage Spaces 7.0
Pool None
Roof Type Flat
Lot Frontage 55.76
Lot Depth 94.97
Total Parking Spaces 7
Building
Foundation Block
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Listed by COLDWELL BANKER SARAZEN REALTY