174 Ethel Street Ottawa, Ontario K1L 5X4
$810,000
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:50982)
Property Details
| MLS® Number | 1358489 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
Building
| Constructed Date | 2023 |
| Exterior Finish | Stone, Brick |
| Fireplace Present | No |
| 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/26000942/174-ethel-street-ottawa-vanier
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September 07 2023 09:16:07
Ottawa Real Estate Board
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