1592 Tenth Line Road, Ottawa, Ontario, K1E2H8

For sale

$1,750,000

$1,750,000

1592 Tenth Line Road, Ottawa, Ontario, K1E2H8

For sale

Overview

 

$1,750,000

Property Type:
Vacant Land


Bedrooms


Bathrooms


Year Built

Description of 1592 Tenth Line Road

Location, location, location! 1592 Tenth Line Road, an exceptional opportunity in the Orleans neighborhood of Ottawa. This strategically located development lot offers immense potential for investors & developers seeking to create a thriving multi-residential community. The property is perfectly positioned for the construction of 27 one-bedroom units across two buildings, with underground parking. The existing fourplex on the property, with three of its units currently tenanted, provides immediate income - $42,054 NOI, making this a versatile investment. It's important to note that the fourplex is being sold in"as is" condition, as the true value of this offering lies in the development potential the lot holds. One of the most compelling aspects of this property is its prime location in Orleans. It is conveniently situated near essential amenities, making it an attractive option for future residents. Contact me for more info & to explore the full development package of this property. (id:57323)

Transportation Information

45.4705667
-75.4940304
1592 Tenth Line Road, Ottawa, Ontario, K1E2H8
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Google Maps

Property Address: 1592 Tenth Line Road, Ottawa, Ontario, K1E2H8

Community
Cumberland
Neighbourhood

Property SummaryLast Updated: 2024-06-03

Price
$1,750,000
Ownership Type
Freehold
Features
Community Features
Basement Type
Cooling Type
Fixture
Flooring Type
Heating Fuel
Heating Type
Price$1,750,000
Ownership TypeFreehold
Features
Community Features
Basement Type
Cooling Type
Fixtures
Flooring Type
Heating Fuel
Heating Type

Additional Details

Ammenities
Land Amenities
Size Depth
105 ft ,10 in
Size Irregular
0.37
Ammenities
Land Amenities
Size Depth105 ft ,10 in
Size Irregular0.37

Features

Appliances
Fence Type
Appliances
Fence Type
Leo Trudel Real Estate Agent

Léo Trudel

Sales Representative
SUTTON GROUP - OTTAWA REALTY, BROKERAGE
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