174 ETHEL Street, Ottawa, Ontario K1L5X4

Listing courtesy of EXIT REALTY MATRIX.

$810,000
List Price
$810,000
MLS®
1358489
Days on Market
22
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
0.11
Lot Size
4,791
Subdivision
Vanier

Property Description

Unlock the potential of prime real estate in a thriving gentrifying neighborhood. This spacious 50x100 lot, zoned R4, offers a canvas for a lucrative multifamily development. Capitalizing on vacant possession, you can swiftly generate cash flow and set your desired rental rates, maximizing profitability. Alternatively, capitalize on the property's shovel-ready status for a six-unit building project this fall. Architectural, engineering, planning, and studies are complete, enabling a seamless transition into construction. Endless opportunities await savvy investors. Secure your foothold in one of the area's most desirable locations, ensuring your investment flourishes amidst evolving surroundings. Don't miss your chance to thrive in a dynamic market. Embrace this property as your gateway to remarkable real estate success. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Vanier
Country
Canada
Heating
Forced air, Natural gas
Total Number Of Units
6
Stories
3
Lot Size
4,791

Mortgage Calculator

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Calculator source: Real Geeks