1592 TENTH LINE ROAD, Ottawa

2024-03-06
 

Quick Summary

Location
1592 TENTH LINE ROAD, Ottawa, Ontario K1E2H8
Price
$1,750,000 CAD
Status:
For Sale
Property Type:
Vacant Land
Video Link:

MLS®#1380087

Property Description

Location, location, location! 1592 Tenth Line Road, an exceptional opportunity in the Orleans neighborhood of Ottawa. This strategically located development lot offers immense potential for investors & developers seeking to create a thriving multi-residential community. The property is perfectly positioned for the construction of 27 one-bedroom units across two buildings, with underground parking. The existing fourplex on the property, with three of its units currently tenanted, provides immediate income - $42,054 NOI, making this a versatile investment. It's important to note that the fourplex is being sold in"as is" condition, as the true value of this offering lies in the development potential the lot holds. One of the most compelling aspects of this property is its prime location in Orleans. It is conveniently situated near essential amenities, making it an attractive option for future residents. Contact me for more info & to explore the full development package of this property. (id:32467)

Property Features

Building

  • Fireplace: No
  • Utility Water: Municipal water

Land

  • Land Size: 0.37 ac
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: R4

Information entered by EXP REALTY
Listing information last updated on: 2024-04-24 16:51:42


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$500,000

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Sheila Forward-Davis REALTOR®

Phone:
(613) 883-8098
Mobile:
(613) 883-8098
Email:
sfd@onepercentrealty.com
Support Area:
Ottawa, Kanata, Manotick

Home is where the heart is... As a Broker and a Certified International Property Specialist, l ...

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Jay Terris Salesperson

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(613) 355-7295
Email:
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Support Area:
Stonebridge, Manotick, Westboro, Kanata, Greely, Nepean, Hunt Club South, Barrhaven, Riverside South, Stittsville, Richmond, Bells Corners, Findlay Creek, Leitrim, Country Place, Pineglen, Ottawa

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Patti Reid Salesperson

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(613) 401-0197
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Email:
pattireid@onepercentrealty.com
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