259 Bradley Avenue Ottawa, Ontario K1L 7E8

$1,049,000

Build generational wealth by building your own 12 unit multifamily property post committee of adjustment approval. Experienced Planners and Builders have created this unique layout so that the end user can save upwards of $100k+ in development charges, cash-in-lieu fees, and more compared to a traditional purpose built 12-16 unit building while enjoying the same rental income. Other advantages include: no sprinkler system, municipal garbage collection, no accessible units, no common stairway, available on-site parking and more. The property’s efficient design helps minimize maintenance costs and maximizes profitability for future owners. With the new Zoning By-law amendment, there is potential to add an additional 4 units, to a total of 16 units as basement units will be undeveloped. No site plan &/or zoning by-law amendment required. Status: Pending Committee of adjustment approval. (id:47351)

Property Details

MLS® Number 1410145
Property Type Vacant Land
Neigbourhood Vanier

Building

BasementDevelopment Not Applicable
BasementType Unknown (not Applicable)
UtilityWater Municipal Water

Land

Acreage No
CurrentUse Development Residential
Sewer Municipal Sewage System
SizeDepth 94 Ft ,9 In
SizeFrontage 66 Ft
SizeIrregular 0.07
SizeTotal 0.07 Ac
SizeTotalText 0.07 Ac
ZoningDescription R4ua

https://www.realtor.ca/real-estate/27446887/259-bradley-avenue-ottawa-vanier

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September 20 2024 03:12:43

Ottawa Real Estate Board

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