174 Ethel Street Ottawa, Ontario K1L 5X4
$824,900
Looking for a prime real estate investment opportunity in a gentrifying location? This spacious 50x100 lot is zoned R4, offering ample space to build a lucrative multifamily development. You can take advantage of the existing vacant possession and start earning cash flow immediately while setting your own rents. Or build your new six-unit building this fall, as the property is shovel ready with all architectural, engineering, planning, and studies completed so you can hit the ground running. This property offers endless possibilities for the savvy investor. You can rest assured that your investment will thrive in one of the most desirable locations in the area. (id:37684)
Property Details
| MLS® Number | 1354599 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
Building
| Constructed Date | 2023 |
| Exterior Finish | Stone, Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 95 Ft |
| Size Frontage | 49 Ft ,6 In |
| Size Irregular | 0.11 |
| Size Total | 0.11 Ac |
| Size Total Text | 0.11 Ac |
| Zoning Description | R4e |
https://www.realtor.ca/real-estate/25904886/174-ethel-street-ottawa-vanier
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August 03 2023 05:11:03
Ottawa Real Estate Board
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