Discover a unique development opportunity in the heart of Ottawa this expansive property perfectly suited for investors and developers alike. This detached side-by-side 2-storey building on an oversized lot provides ample space for renovation or new construction. This property comprises two separate 2 storey units. Additionally, 2 more units await a customized touch transforming this property into a fourplex. The property boasts a charming exterior finish of brick and siding. This building comes equipped with separate utilities for each unit + 2 surfaced parking spaces at rear. Positioned south of Somerset St, the property enjoys an unbeatable location within walking distance of both Little Italy and Chinatown. This vibrant area offers an array of dining, shopping, and recreational options + access to LRT stops and highways. R4 zoning provides flexibility for various residential configurations. Don't miss this incredible opportunity to invest. Sched B to be included with all offers. (id:47421)
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Detailed Information
Lot
40.92 x 143.17 ft
Amenities Nearby
Public Transit, Recreation Nearby, Shopping
Lease Type
Gross
Listing Contract Date
2024-08-22
Municipal ID
041090317
# of Parking Spaces
2
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
Residential
Building
Basement Development
Unfinished
Basement Features
Low
Basement Type
Unknown (Unfinished)
Cooling Type
None
Exterior Finish
Brick, Siding
Flooring Type
Mixed Flooring, Laminate
Foundation Type
Poured Concrete, Stone
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Surfaced
Land
Total Size
40.95 ft X 143.13 ft
Amenities
Public Transit, Recreation Nearby, Shopping
Sewer
Municipal sewage system
Size of Irregular Land
40.95 ft X 143.13 ft
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