Active
1592 TENTH LINE ROAD
Ottawa Ontario, K1E2H8
$1,750,000
$108.58 per sqft
Active
0.37 Acres
Land
Courtesy of EXP REALTY
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:41202)
1380087
MLSⓇ ID
March 6, 2024
Listed
May 9, 2024
Updated
Map
1592 TENTH LINE ROAD
Ottawa Ontario, K1E2H8
Exterior/Building Features
Lot Size
0.37 Acres
Sewer
Municipal sewage system
Other Property Details
Garage
No
View
No
Pool
No
Courtesy of EXP REALTY, Edmundo Roa,
Listing Contact: (613) 864-5515
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