Listing courtesy of CAPITAL COMMERCIAL INVESTMENT CORP..
Well-located 4-unit mixed-use building on 50ft x 110ft lot! This building features a strong unit mix (1 x 1 bdrm, 1 x 2 bdrm, and 1 x 4 bdrm, plus a take-out pizza restaurant) and a healthy cash flow from the in-place uses servicing the residents of the Rockcliffe Park and Manor Park communities. The large lot provides ample parking for tenants and customers and ancillary income is provided by the 10ft x 24ft storage building, and private office at the rear of the property. This neighbourhood will be transformed in the coming years as a result of a new Official Plan Amendment for the Manor Park community which was recently given support by City of Ottawa’s planning committee and city council which could deliver nearly 4,000 new residential units on the Manor Park Estates development across the street. A rare opportunity to invest in this growing community! Seller is open to taking back a mortgage on the property at rates better than those offered by conventional lenders. (id:2579)