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$ 1,049,000
Est. payment | /mo
$ 1,049,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9519987
Style Unknown
Annual Tax Amount $36,745
Tax Year 2025
Property Description
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.
Location
Province ON
County Ottawa
Community 3402 - Vanier
Area Ottawa
Region 3402 - Vanier
City Region 3402 - Vanier
Rooms
Family Room No
Basement Unknown
Interior
Interior Features Unknown
Cooling Unknown
Heat Source Unknown
Exterior
Parking Features Unknown
Pool None
Roof Type Unknown
Others
Security Features Unknown
Listed by EXP REALTY