$500,000 – $600,000 Fourplex For Sale

Ottawa, Ontario

Attention DEVELOPERS and BUILDERS! Rare opportunity to acquire a 50 FT FRONTAGE x 104 ft depth lot (5,200 sq ft) in Ottawa’s rapidly intensifying Overbrook neighbourhood. 209 Glynn Avenue is situated on a quiet residential street with strong access to the Rideau River, LRT, highway and downtown core. The lot is zoned R3 allowing for a range of low-rise residential intensification uses including low-rise multi-unit development (triplex/fourplex), townhouses, semi-detached or severance potential (subject to city approvals). The existing structure is being sold as-is, where-is (no warranties), with primary value in land and redevelopment potential. The area is surrounded by ongoing infill activity and strong rental demand. Buyer to perform due diligence on zoning, permitted uses, setbacks, and development options. 24 hour irrevocable required on offers. (id:50982)

Cornwall, Ontario

Calling all investors! Amazing opportunity to own this fully rented Fourplex with over $50,000 in gross yearly income. Property includes Two second level 1- bedroom, 1 -bath units, one main level 3- bedroom 1 -bath unit, one basement 2- bedroom 1 -bath unit. Upper units each have own private balcony, main floor and basement unit each have fenced yard spaces. Close proximity to all amenities including shopping, restaurants and public transit. (id:50982)