259 Bradley Avenue Vanier And Kingsview Park, Ontario K1L 7E8
$5,500,000
Exceptional TO BE BUILT 12 unit multi-family offering located in a developing area in Ottawa. 259 Bradley offers easy access to amenities, public transportation, and major roadways, making it an ideal location for tenants and potential students. With the ongoing development in the area and favorable zoning policy, this property is positioned for significant appreciation and income potential for the years to come. The property’s efficient design helps minimize maintenance costs and maximizes profitability for future owners. Benefits of this design and layout: No sprinkler system, each unit with their own access, no required accessible units, Lower development charges (Approx. $100k+), available parking, regular city garbage collection services, and no severance cash-in lieu required. 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. Status: Pending Committee of adjustment approval (id:50886)
Property Details
| MLS® Number | X9519863 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Community Name | 3402 - Vanier |
| ParkingSpaceTotal | 4 |
Building
| HeatingType | Heat Pump |
| Type | Multi-family |
Land
| Acreage | No |
| SizeDepth | 94 Ft ,8 In |
| SizeFrontage | 66 Ft |
| SizeIrregular | Unit=66 X 94.74 Ft ; 0 |
| SizeTotalText | Unit=66 X 94.74 Ft ; 0 |
| ZoningDescription | R4ua |
Interested?
Contact us for more information
Armin Khamsehzadeh
Broker
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
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November 27 2024 02:37:07
Ottawa Real Estate Board
Exp Realty