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Lot & Plans To Build A Modern 8 Unit Building

$919,900

For Sale: in

Updated Nov 1, 2022
LOT & Plans to build a modern 8 unit building

Listing Details

Co-op commission: 2%

Subtype: Apartment Building

Units: 8

Zoning: R4U

Lot Size: 0.091 Acres

Description

Great location! Close to Ottawa University, Rideau centre and the Byward Market! Lot and plans to build a modern 8 unit building. Approx.5500 sqft above grade and 7200 sqft with basement. 2x1 bedrooms (approx. $1800/Monthly), 6x2 bedrooms ($2400/Monthly). Use the open concept floor plans and choose modern finishing's. Projected GOI=$216,000 NOI=$151,200. Expenses estimated at 30%. Over $250,000 have already been paid for soft costs including all plans, permits, land tests, geo tech etc.

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Location & nearby

This listing is located in Ottawa, ON K1N 6W1

294 Somerset Street East, Ottawa, ON, Canada

Agent Info.

Cris Karson

ProRealtor

Cris Karson

ProRealtor

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