Situated on a meticulously chosen lot with access from 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 2-bedroom, 6X 1bedroom (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 eligiblity 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 rentable. This project offers visionary builders a rare opportunity for lucrative returns & success. Contact me today for more details on this meticulously planned venture. (id:4069)
Address | 674 DE L'EGLISE STREET |
List Price | $1,050,000 |
Property Type | Single Family |
Type of Dwelling | House |
Style of Home | Bungalow |
Area | Ontario |
Sub-Area | Ottawa |
Bedrooms | 2 |
Bathrooms | 1 |
Lot Size | 63 ft X 100 ft Sq. Ft. |
MLS® Number | 1376031 |
Listing Brokerage | RIGHT AT HOME REALTY |
Basement Area | Unknown (Unfinished) |
Postal Code | K1K3K2 |
Zoning | R4UA |
Site Influences | Public Transit, Shopping |