For sale

259 Bradley Avenue

$1,049,000
Ottawa, Ontario, K1L 7E8

Overview

  • Updated On:
  • February 26 2025
  • MLS® Number
  • X9519987

Description

Build generational wealth by developing your own 12 unit multifamily property. 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 of this design includes: no sprinkler system, available municipal garbage collection, no required accessible units, no common stairway, available on-site parking and more. The efficient design helps minimize maintenance costs and maximizes profitability for future owners, while lowering development charges and construction costs. With the new Zoning By-law amendment, there is potential to add an additional 4 units, for a total of 16 units. No site plan &/or zoning by-law amendment required. Take advantage of federal rebates as well as the available plans which can take you straight to building permit while utilizing CMHC MLI select level 3 program which offers you higher amortization and lower interest payments. Buyer to pay for development charges, and permitting fees. Plans available upon request. Available studies: TIR, Grading, Architectural, Structural layouts, and HVAC (id:57887)

Price:
Price Info:
Property Type: Vacant Land
Neighbourhood: Vanier
$ 5,378.43
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,067.18
Utility
UtilityWater: Municipal water
Acreage: No
Sewer: Sanitary Sewer
SizeDepth: 94 Ft ,8 In
SizeFrontage: 66 Ft
SizeIrregular: 66 X 94.74 Ft ; 0
SizeTotalText: 66 X 94.74 Ft ; 0
ZoningDescription: R4ua
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