1184 CUMMINGS AVENUE, Ottawa, Ontario, K1J7R8
Property TypeMulti-family Built in1989

BUILD BETWEEN 30-40 UNITS WITH REZONE! Solid duplex with fantastic tenants providing passive income. Grossing $38,500/year. BEST of all it sits on a GIGANTIC lot. Get it ready for development while collecting rent/covering costs. 1184 Cummings sits on an HUGE oversized lot: 95ft X 150ft. R3V V Zoning allowing for multiple development options/severing lot. Surrounded by R5 zoning, this lot would be a perfect candidate for a zoning change to R4-R5 or TM (consult urban planner) your luck which makes it perfect for a beautiful apartment building. Information provided as suggestions and recommended to confirm with your professional team! (id:46094)


Details
LeaseOther, See Remarks Parking Spaces6
TransactionFor sale Zoning DescriptionR3
Building
Basement DevelopmentFinished BasementFull (Finished)
Constructed Date1989 CoolingWall unit
Exterior FinishStone FlooringWall-to-wall carpet, Laminate, Vinyl
Bathrooms (Half)0 Bathrooms (Total)0
Heating FuelElectric, Natural gas HeatingForced air, Hot water radiator heat
Storeys Total2 TypeDuplex
Utility WaterMunicipal water
Land
Size Frontage95 ft SewerMunicipal sewage system
Size Depth150 ft Size Irregular95.01 ft X 150 ft

Listing Office: ENGEL & VOLKERS OTTAWA CENTRAL

Data Provided by Ottawa Real Estate Board

Last Modified :04/11/2022 12:11:37 PM

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