Corner Lot on a Minor Corridor | Cummings Ave & Donald St | Now Zoned CM1 H(22). At the corner of Cummings Avenue and Donald Street, this 103 x 138 ft lot offers something increasingly rare in Ottawa's east end: a property you can put to work today while you plan for tomorrow. Under the City's new Zoning By-law, the parcel is now zoned CM1 H(22), Minor Corridor, which permits residential, commercial and mixed-use development up to 22 metres in height. The existing full-brick building offers two sources of near-term income. The main building can be restored and continue as a triplex. The oversized double garage, with its exceptionally high ceilings, lends itself to conversion into a ground-level business space with corner visibility. Permitted uses in the CM1 zone include retail, restaurant, personal service, medical facility, office, instructional facility, day care, artist studio, and recreation and athletic facility, among others.The neighbourhood supports this kind of business. Several new apartment buildings have brought a growing number of residents to the area, and the Stonemont Retirement community is just steps down the street. A café or bakery, a hair salon or barber, a physiotherapy, hearing or dental clinic, a fitness or Pilates studio, or a small professional office would each serve customers within walking distance. For buyers with a longer horizon, the lot's size, corner position and 22 m height allowance can support a future mixed-use building with commercial space at street level and homes above. The property is close to public transit, grocery stores and major shopping, and minutes from downtown. Sold as is, where is, with no warranties. Buyer to verify zoning, permitted uses, and all change-of-use and building permit requirements with the City of Ottawa. (id:28469)
Facts & features
Property
MLS® Number
X13853736
Property Type
Multi-family
Neighbourhood
Castle Heights
Community Name
2201 - Cyrville
Amenities Near By
Public Transit, Park
Features
Irregular Lot Size
Parking Space Total
7
Structure
Shed
Building
Bathroom Total
3
Bedrooms Above Ground
3
Bedrooms Below Ground
4
Bedrooms Total
7
Architectural Style
Bungalow
Basement Features
Separate Entrance, Apartment In Basement
Basement Type
N/a, N/a
Cooling Type
None
Exterior Finish
Brick, Stone
Fireplace Present
Yes
Fireplace Total
2
Foundation Type
Block
Heating Fuel
Electric
Heating Type
Baseboard Heaters
Stories Total
1
Size Interior
1,100 - 1,500 Sqft
Type
Triplex
Utility Water
Municipal Water
Parking
Attached Garage
—
Garage
—
Land
Acreage
No
Land Amenities
Public Transit, Park
Sewer
Sanitary Sewer
Size Depth
138 Ft
Size Frontage
103 Ft
Size Irregular
103 X 138 Ft
Size Total Text
103 X 138 Ft
Zoning Description
Cm1
Utilities
Electricity
Installed
Sewer
Installed
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$3,764/mo
Ontario land transfer tax
$13,475 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.