New

Fully Permitted & Shovel-Ready 10-Unit Development Site

CA$999,000

Description

FULLY PERMITTED & SHOVEL-READY 10-UNIT DEVELOPMENT SITE. Start construction immediately and bypass years of holding costs and municipal red tape with this premier 65.92' x 94.66' multi-residential lot in one of Ottawa's fastest-evolving, transit-connected neighbourhoods. With building permits in hand and Ottawa's new high-density Neighbourhood zoning in place, this project is 100% ready to build. The turnkey package includes full stamped architectural plans by VDesignZ Inc., completed land surveys, environmental assessments, comprehensive due diligence, and a lender-ready package, which is also available with an appraisal and quantity survey. Designed for maximum cash flow and premium tenant attraction, the approved plan features a highly desirable, family-friendly mix of two spacious 4-bedroom units, four 3-bedroom units, four 2-bedroom units, and four parking spots in front of the building. Walk-out suites ideal for short-term rental, potential to add 4 additional units. Located just minutes from downtown Ottawa, the vibrant Beechwood Avenue corridor, rapid transit, boutique shopping, and top-tier schools, this is an unmatched opportunity for developers and investors to capitalize on Ottawa's surging rental market with a purpose-built asset. VTB up to 80%.
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Engel & Völkers

Your advisor: Arian Marius, Salesperson

Property ID: AM-5527097

Property details
  • Property type

    Land

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