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105-109 Henderson Avenue Ottawa, Ontario K1N 7P5

$1,799,900

Don't miss the opportunity to own one of the last double development lots in Sandy Hill. 105/109 Henderson Av being offered as a single package to build a 20 unit, 3 story building. Site plan approved, just need to pick up a permit. Zoned R4S. Plans consist of 8 x two bedrooms (estimated at $2500 per month), 8 x one beds (estimated at $2000 per month), 4 x Studios (estimated at $1700 per month). Projected GOI = $513,600. Projected NOI = $359,520. Expenses are estimated at 30%. Close to Ottawa University, Rideau Centre and the Byward market! Plans attached. 48 hours irrevocable on all offers. SELLER IS WILLING TO DO LARGE VTB! (id:37684)

Property Details

MLS® Number 1346933
Property Type Vacant Land
Neigbourhood Sandy Hill
Amenities Near By Public Transit, Recreation Nearby, Shopping

Building

Basement Development Not Applicable
Basement Type Unknown (not Applicable)
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 101 Ft ,3 In
Size Frontage 69 Ft ,6 In
Size Irregular 0.16
Size Total 0.16 Ac
Size Total Text 0.16 Ac
Zoning Description R4s

https://www.realtor.ca/real-estate/25712860/105-109-henderson-avenue-ottawa-sandy-hill

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