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174 Ethel Street Ottawa, Ontario K1L 5X4

Forced Air

$810,000

Unlock the potential of prime real estate in a thriving gentrifying neighborhood. This spacious 50x100 lot, zoned R4, offers a canvas for a lucrative multifamily development. Capitalizing on vacant possession, you can swiftly generate cash flow and set your desired rental rates, maximizing profitability. Alternatively, capitalize on the property's shovel-ready status for a six-unit building project this fall. Architectural, engineering, planning, and studies are complete, enabling a seamless transition into construction. Endless opportunities await savvy investors. Secure your foothold in one of the area's most desirable locations, ensuring your investment flourishes amidst evolving surroundings. Don't miss your chance to thrive in a dynamic market. Embrace this property as your gateway to remarkable real estate success. (id:15865)

Property Details

MLS® Number 1358489
Property Type Multi-family
Neigbourhood Vanier

Building

Constructed Date 2023
Exterior Finish Stone, Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Utility Water Municipal Water

Land

Acreage No
Size Depth 95 Ft
Size Frontage 49 Ft ,6 In
Size Irregular 0.11
Size Total 0.11 Ac
Size Total Text 0.11 Ac
Zoning Description R4e

https://www.realtor.ca/real-estate/26000942/174-ethel-street-ottawa-vanier

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Justin Wrigley
Broker

(613) 880-1607
www.wrigleyteam.ca
www.facebook.com/thetessierteam
ca.linkedin.com/pub/justin-wrigley/25/2a2/264
twitter.com/tessierteam

Exit Realty Matrix
785 Notre Dame St, Po Box 1345
Embrun, Ontario K0A 1W0

(613) 443-4300
(613) 443-5743
www.exitottawa.com

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