707 De L'eglise Street Ottawa, Ontario K1K 3K3
$538,800
CALLING INVESTORS & DEVELOPERS! Fantastic 5661sq ft (45’X131’) property backing onto the St Laurent Complex w/ park/pool/rink/library in prime area under full rejuvenation (R4UA). CLOSE TO OTTAWA GENERAL & Montfort HOSPITALS, St.Laurent Shopping Centre, Ottawa U, Trainyards & so much more. With the possibility of upto 10 UNITS & reduced development costs w/ "More Homes Built Faster Act, 2022"- maximize your ROI w/ decent size units vs micro apts on smaller lots. Don't want to wait? Building permit is already approved for a Five(5) Plex, a 3.5 storey building; Three Above Grade 3bed 2full bath (3X$2500 projected mthly rent) & Two Below Grade 1bed 1bath ($1500 projected) & 3 legal parking spots. Building & demolition permits are ready to pick up. No carrying cost, just get Disconnect clearance, pay the development charges, pick up the permits & start building. Note - Cash in lieu of parkland fee is waived for 5plex project. Imagine the possibilities and MOVE QUICKLY! 24hr Irrevocable. (id:37553)
Property Details
| MLS® Number | 1317779 |
| Property Type | Vacant Land |
| Neigbourhood | Castle Heights |
Building
| Basement Development | Not Applicable |
| Basement Type | Unknown (not Applicable) |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 131 Ft |
| Size Frontage | 45 Ft |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac |
| Size Total Text | 0.14 Ac |
| Zoning Description | R4ua |
https://www.realtor.ca/real-estate/25058156/707-de-leglise-street-ottawa-castle-heights
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November 11 2022 04:11:49
Ottawa Real Estate Board
Keller Williams Integrity Realty