ADAM MILLS REALTY TEAM


LOADING

1592 Tenth Line Road Ottawa, Ontario K1E 2H8

None Baseboard Heaters, Forced Air

$1,512,000

Location, location, location! Welcome to 1592 Tenth Line Road, an exceptional real estate opportunity in Orleans! Fourplex, with three of its units currently tenanted, provides immediate income - $38,201 NOI while you wait to develop in the near future! 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. Site plan for the construction of 27 one-bedroom units across two buildings, with underground parking. This strategically located development lot offers great potential for investors and developers seeking to create a thriving multi-residential community. One of the most compelling aspects of this property is its prime location. It is conveniently situated near essential amenities such as the Ray Friel Rec Complex, groceries, & shopping, making it an attractive option for future residents. Contact me for more information & to explore the full development package of this property. (id:49712)

Property Details

MLS® Number 1393702
Property Type Multi-family
Neigbourhood Queenswood Heights
Community Name Cumberland
ParkingSpaceTotal 4

Building

BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1962
ConstructionStyleAttachment Attached
CoolingType None
ExteriorFinish Siding
FlooringType Laminate
HeatingFuel Electric, Natural Gas
HeatingType Baseboard Heaters, Forced Air
StoriesTotal 3
Type Fourplex
UtilityWater Municipal Water

Parking

Surfaced

Land

Acreage No
CurrentUse Development Residential
Sewer Municipal Sewage System
SizeDepth 105 Ft ,10 In
SizeFrontage 150 Ft ,2 In
SizeIrregular 0.37
SizeTotal 0.37 Ac
SizeTotalText 0.37 Ac
ZoningDescription R4

https://www.realtor.ca/real-estate/26961434/1592-tenth-line-road-ottawa-queenswood-heights