259 Bradley Avenue Ottawa, Ontario K1L 7E8
$1,049,000
Build generational wealth by developing your own 12 unit multifamily property. Experienced Planners and Builders have created this unique layout so that the end user can save upwards of $100k+ in development charges, cash-in-lieu fees, and more compared to a traditional purpose built 12-16 unit building while enjoying the same rental income. Other advantages of this design includes: no sprinkler system, available municipal garbage collection, no required accessible units, no common stairway, available on-site parking and more. The efficient design helps minimize maintenance costs and maximizes profitability for future owners, while lowering development charges and construction costs. With the new Zoning By-law amendment, there is potential to add an additional 4 units, for a total of 16 units. No site plan &/or zoning by-law amendment required. Take advantage of federal rebates as well as the available plans which can take you straight to building permit while utilizing CMHC MLI select level 3 program which offers you higher amortization and lower interest payments. Buyer to pay for development charges, and permitting fees. Plans available upon request. Available studies: TIR, Grading, Architectural, Structural layouts, and HVAC (id:28469)
Property Details
MLS® Number | X9519987 |
Property Type | Vacant Land |
Neigbourhood | Vanier |
Community Name | 3402 - Vanier |
Building
Utility Water | Municipal Water |
Land
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 94 Ft ,8 In |
Size Frontage | 66 Ft |
Size Irregular | 66 X 94.74 Ft ; 0 |
Size Total Text | 66 X 94.74 Ft ; 0 |
Zoning Description | R4ua |
Utilities
Cable | Installed |
Sewer | Installed |