
Orleans - Convent Glen and Area, ON K1C 1H7
Prime Development Property close to Place d'Orleans, the new LRT Station expected to open later this year, and plenty of nearby Shopping & Amenities. This property has been re-zoned, and is designated as N3B under the City of Ottawa's New Zoning By-Law. Redevelopment POTENTIAL of 24+ UNITS under the new zoning code. The lot is 85 x 215 feet, and the property is currently tenanted at $2900/month inclusive of utilities, allowing for the collection of rents while you plan and prepare your lucrative development project. Contact Listing Agent for more information. **Buyers advised to conduct their own due-diligence regarding re-development potential**
TRREB MLS® Attribution
MLS® X13152530
Listed by AVENUE NORTH REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$4,638
/month · $759,920 mortgage
Amortization
Total Interest
$631,626
Total Cost
$1,391,546
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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AVENUE NORTH REALTY INC.