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Key Details
Sold Price $799,900
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X9432818
Sold Date 03/27/24
Annual Tax Amount $4,596
Tax Year 2023
Property Description
Flooring: Carpet W/W & Mixed, The value here is NOT the 2+2 Bedroom duplex. The value here IS in that this is one of the largest lots in the neighborhood at 71 X 116 feet with R4N zoning! Plenty of room to possibly construct 9 units or more OR split the lot (approximate cost about $5000.00 to split and apply for any necessary variances?) and create two 35.5 X 116 foot R4N lots and construct up to an 8 unit building on each one! You may also be eligible for no GST on the construction of the multi family units and you may also be able to access financing through the government of Canada's building accelerator fund. There is plenty of time to confirm allowable uses and for buyers to do their due diligence as offers to be presented at 2:30 P.M. February 12, 2024 however Seller reserves the right to review and may accept pre-emptive offers.
Location
Province ON
County Ottawa
Zoning R4N
Rooms
Basement Full, Finished
Interior
Cooling Central Air
Exterior
Garage Spaces 8.0
Roof Type Asphalt Shingle
Parking Type Detached
Total Parking Spaces 8
Building
Foundation Block
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