Ottawa, ON K1E2H8,1592 TENTH LINE ROAD
Ottawa, ON K1E2H8,1592 TENTH LINE ROAD
Ottawa, ON K1E2H8,1592 TENTH LINE ROAD
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$1,512,000
Est. payment /mo
0.37 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Queenswood Heights

MLS® Listing ID 1393702

Originating Board Ottawa Real Estate Board

Year Built 1962

Lot Size 0.370 Acres

Acres 16117.2

Property Description

Location, location, location! Welcome to 1592 Tenth Line Road, an exceptional real estate opportunity in Orleans! Fourplex, with three of its units currently tenanted, provides immediate income - $38,201 NOI while you wait to develop in the near future! It's important to note that the fourplex is being sold in"as is" condition, as the true value of this offering lies in the development potential the lot holds. Site plan for the construction of 27 one-bedroom units across two buildings, with underground parking. This strategically located development lot offers great potential for investors and developers seeking to create a thriving multi-residential community. One of the most compelling aspects of this property is its prime location. It is conveniently situated near essential amenities such as the Ray Friel Rec Complex, groceries, & shopping, making it an attractive option for future residents. Contact me for more information & to explore the full development package of this property. (id:24570)

Location

Province ON

Interior

Heating Baseboard heaters, Forced air

Cooling None

Flooring Laminate

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 3

Sewer Municipal sewage system


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Rebecca Liu

+1(613) 879-9650

Agent | License ID: 5031708

Agent License ID: 5031708

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