Listing ID: 1380087  
$1,750,000

1592 TENTH LINE ROAD

EXP REALTY

  • 1592 TENTH LINE ROAD
  • 1592 TENTH LINE ROAD
  • 1592 TENTH LINE ROAD
  • 1592 TENTH LINE ROAD
  • 1592 TENTH LINE ROAD
  • 1592 TENTH LINE ROAD
  • 1592 TENTH LINE ROAD
  • 1592 TENTH LINE ROAD
1592 TENTH LINE ROAD, Ottawa, Ontario, K1E2H8
Property TypeVacant Land Lot Size0.37 acres

Location, location, location! 1592 Tenth Line Road, an exceptional opportunity in the Orleans neighborhood of Ottawa. This strategically located development lot offers immense potential for investors & developers seeking to create a thriving multi-residential community. The property is perfectly positioned for the construction of 27 one-bedroom units across two buildings, with underground parking. The existing fourplex on the property, with three of its units currently tenanted, provides immediate income - $42,054 NOI, making this a versatile investment. It's important to note that the fourplex is being sold in"as is" condition, as the true value of this offering lies in the development potential the lot holds. One of the most compelling aspects of this property is its prime location in Orleans. It is conveniently situated near essential amenities, making it an attractive option for future residents. Contact me for more info & to explore the full development package of this property. (id:16400)


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Details
OwnershipFreehold TransactionFor sale
Zoning DescriptionR4
Building
Utility WaterMunicipal water
Land
Size Total0.37 ac Size Frontage150 ft ,2 in
Access TypeRoad access SewerMunicipal sewage system
Size Depth105 ft ,10 in Size Irregular0.37

Listing Office: EXP REALTY

Data Provided by Ottawa Real Estate Board

Last Modified :24/04/2024 12:51:42 PM

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