Listing courtesy of RE/MAX HALLMARK REALTY GROUP.
Attention Developers, Investors and First-time Buyers!! Duplex with ADDITIONAL 3rd unit on massive 66 x 95 ft lot. 2 lots for the price of 1!! Take advantage of the new federal government (GST) rebate on new qualifying rental. Just a short 10-minute drive to downtown Ottawa. Property zoned R4UA which offers plenty of development options. Draft concept for 8 unit development options available for review. All 3 units consist of 2 bedrooms and 1 bathroom. Unit 3 features balcony while unit 2 offers walk-out deck in rear. Parking for all 3 units. Rents are significantly below market value. Unit 1 currently left vacant, Unit 2 $1,295 + hydro, and Unit 3 $836 + hydro. On turnover, with a quick refresh, rents can be increased substantially. Great upside for the smart investor looking to add value to their portfolio. (id:5764)