$5,500,000
FOR SALE

Investment

Lot: 66 x 94.74 ftTotal Area: 6,400 ft2
2024 Taxes: $36,745

259 BRADLEY Ave
Vanier And Kingsview Park, ON K1L 7E8 | 3402 - Vanier | Ottawa

Exceptional TO BE BUILT 12 unit multi-family offering located in a developing area in Ottawa. 259 Bradley offers easy access to amenities, public transportation, and major roadways, making it an ideal location for tenants and potential students. With the ongoing development in the area and favorable zoning policy, this property is positioned for significant appreciation and income potential for the years to come. The propertys efficient design helps minimize maintenance costs and maximizes profitability for future owners. Benefits of this design and layout: No sprinkler system, each unit with their own access, no required accessible units, Lower development charges (Approx. $100k+), available parking, regular city garbage collection services, and no severance cash-in lieu required. 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. Status: Building Permit Stage
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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9519863
Last Updated Feb 26, 2025
Property Summary
Property Type Investment

More like this:
Use Apartments - 6 to 12 Units
Business/Building Name The Bradley
Category Apartment
PIN 042320060
Legal Description LTS 100 & 101, PL 246 ; VANIER/GLOUCESTER
Occupancy Tenant
Possession Date After it has been built
Taxes (2024) $36,745
Tax Type Annual
Directions/Cross Streets Follow directions from HWY 417 E to Vanier PKWY N, turn right into Montreal Rd, North on Park St, Right onto Montfort and then Right onto Bradley Avenue
Neighbourhood 3402 - Vanier
Area Ottawa
Price History

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Detailed Information
Freestanding Y
Lot 66 x 94.74 ft
Total Area 6,400 ft2
Elevator None
Air Conditioning Y
Garage Type Covered
Parking Spaces 8
Heat Type Other
Gross Income/Sales $324,000
Net Income Before Debt $256,775
Insurance Expense $6,480
Taxes Expense $36,745
Expenses Actual/Estimated Est
Outside Storage Y
Area Influences Major Highway, Public Transit
Sprinklers N
Sewers San+Storm
Utilities Y
Water Municipal
UFFI No
Survey Y
Zoning R4UA
Seller Property Info Statement N

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