$1,049,000
FOR SALE

Land

Lot: 66 x 94.75 ft

259 Bradley Avenue
Ottawa, ON K1L 7E8 | Vanier

Build generational wealth by building your own 12 unit multifamily property post committee of adjustment approval. 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 include: no sprinkler system, municipal garbage collection, no accessible units, no common stairway, available on-site parking and more. The property’s efficient design helps minimize maintenance costs and maximizes profitability for future owners. With the new Zoning By-law amendment, there is potential to add an additional 4 units, to a total of 16 units as basement units will be undeveloped. No site plan &/or zoning by-law amendment required. Status: Pending Committee of adjustment approval. (id:47421)
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Listed By EXP REALTY
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1410145
Last Updated Sep 20, 2024
Property Summary
Property Type Land

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Neighbourhood Vanier
Price History

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Detailed Information
Lot 66 x 94.75 ft
Listing Contract Date 2024-09-20
Municipal ID 042320060
Property Type Vacant Land
Transaction Type For sale
Zoning Description R4UA
Building
Basement Development Not Applicable
Basement Type Unknown (Not Applicable)
Utility Water Municipal water
Land
Total Size 0.07 acres
Current Use Development residential
Sewer Municipal sewage system
Size of Irregular Land 0.07

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