294 SOMERSET STREET E, Ottawa, Ontario, K1N6W1
Property TypeVacant Land Lot Size0.09 acres

Great location! Close to Ottawa University, Rideau Centre and the Byward market! Lot and plans to build a modern 8 unit building approx. 5500 sq ft AG and 7200 sq ft with basement. 2 x 1 bedrooms (approx $1800/Monthly), 6 x 2 bedrooms ($2400/Monthly). Use the open concept floor plans and choose modern finishings. Projected GOI= $216,000. NOI = $151,200. Expenses estimated at 30%. Over $250,000 have already been paid for soft costs including all plans, permits, land tests, geo tech etc. Site Plan attached. 24 hours irrevocable on all offers. (id:46094)

Amenities NearbyPublic Transit, Recreation Nearby, Shopping TransactionFor sale
Zoning DescriptionR4U
Basement DevelopmentNot Applicable BasementUnknown (Not Applicable)
Bathrooms (Half)0 Bathrooms (Total)0
Utility WaterMunicipal water
Size Total0.09 ac Size Frontage40 ft
AmenitiesPublic Transit, Recreation Nearby, Shopping SewerMunicipal sewage system
Size Depth100 ft Size Irregular0.09

Listing Office: EXP REALTY

Data Provided by Ottawa Real Estate Board

Last Modified :07/10/2022 12:11:22 PM

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