$499,000
BUILDERS, DEVELOPERS, INVESTORS! This is a great property with lots of development opportunity. There is a lot of redevelopment in the area. Build a dreamhome or put a rental with 4 apartments on it. The Seller is willing to do a Vendor Takeback Mortgage which allows the investor to build with only a minimal downpayment on the land. Upon completion of the building the investor can refinance the completed property with a traditional lender or sell it. It's a great opportunity to build without tying up financial resources in the land. The land is zoned R2N so there are several possibilities for the land use. (id:49712)
Property Details
MLS® Number |
1357169 |
Property Type |
Vacant Land |
Neigbourhood |
Cyrville Rd Industrial Park |
Community Name |
Gloucester |
Building
Basement Development |
Not Applicable |
Basement Type |
Unknown (not Applicable) |
Utility Water |
Municipal Water |
Land
Acreage |
No |
Current Use |
Development Residential |
Size Depth |
73 Ft ,3 In |
Size Frontage |
85 Ft ,11 In |
Size Irregular |
0.14 |
Size Total |
0.14 Ac |
Size Total Text |
0.14 Ac |
Zoning Description |
R2n |
https://www.realtor.ca/real-estate/25970482/1353-gosset-street-ottawa-cyrville-rd-industrial-park