674 De L'eglise Street Ottawa, Ontario K1K 3K2

$1,200,000

Situated on a meticulously chosen lot w/ front & back access on two streets, this exceptional development project boasts the approval from the Committee of Adjustment for the lot to be severed into two w/ each lot having COA approved plans / variances to host an 8plex for a total of 16 units. Each thoughtfully designed 8plex offers a diverse range of layouts to cater to various tenant needs, including 2X 2bedrm, 5X 1bedrm (including one barrier free unit) & 1x Studio. Next Steps for you: w/ variances and severances secured; and some of the key documentation / steps completed; the next milestone is obtaining the building permit & checking the possibility of eligibility for no GST on the construction of the multi family units & financing through the government of Canada's building accelerator fund. The existing house is rented. This project offers visionary builders a rare opportunity for lucrative returns & success. Contact me today for more details on this meticulously planned venture. (id:43934)

Property Details

MLS® Number	1398097
Property Type	Vacant Land
Neigbourhood	Castle Heights
AmenitiesNearBy	Public Transit, Shopping

Building

BasementDevelopment	Not Applicable
BasementType	Unknown (not Applicable)
UtilityWater	Municipal Water

Land

AccessType	Road Access
Acreage	No
CurrentUse	Development Residential
LandAmenities	Public Transit, Shopping
Sewer	Municipal Sewage System
SizeDepth	100 Ft
SizeFrontage	63 Ft
SizeIrregular	0.14
SizeTotal	0.14 Ac
SizeTotalText	0.14 Ac
ZoningDescription	R4ua

https://www.realtor.ca/real-estate/27236209/674-de-leglise-street-ottawa-castle-heights