$1,250,000
BUILD BETWEEN 30-40 UNITS WITH REZONE! Solid duplex with fantastic tenants providing passive income. Grossing $38,500/year. BEST of all it sits on a GIGANTIC lot. Get it ready for development while collecting rent/covering costs. 1184 Cummings sits on an HUGE oversized lot: 95ft X 150ft. R3V V Zoning allowing for multiple development options/severing lot. Surrounded by R5 zoning, this lot would be a perfect candidate for a zoning change to R4-R5 or TM (consult urban planner) your luck which makes it perfect for a beautiful apartment building. Information provided as suggestions and recommended to confirm with your professional team! (id:37553)
Property Details
MLS® Number
|
1320414 |
Property Type
|
Vacant Land |
Neigbourhood
|
Cyrville |
Amenities Near By
|
Golf Nearby, Public Transit, Recreation Nearby, Shopping |
Features
|
Private Setting, Treed, Flat Site |
Building
Basement Development
|
Not Applicable |
Basement Type
|
Unknown (not Applicable) |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Fence Type
|
Fenced Yard |
Land Amenities
|
Golf Nearby, Public Transit, Recreation Nearby, Shopping |
Sewer
|
Municipal Sewage System |
Size Depth
|
150 Ft |
Size Frontage
|
95 Ft |
Size Irregular
|
95.01 Ft X 150 Ft |
Size Total Text
|
95.01 Ft X 150 Ft |
Zoning Description
|
R3 |
https://www.realtor.ca/real-estate/25029173/1184-cummings-avenue-ottawa-cyrville