13 BALSAM STREET
Ottawa, Ontario K1R6W6

$999,900

ID# 1376364
A shovel-ready 8-unit apartment building development opportunity in Centretown West, Ottawa. This sale includes the lot, site-plan approval documents, survey, all required reports and studies and full architectural working drawings. The cost of construction has been estimated to be $1,900,000 by professional contractors and is variable depending on your particular construction and material choices. The existing building is vacant, boarded and ready for demolition. The approved design provides for seven two bedroom apartments and a single one bedroom apartment. The design has an entrance ramp for disability access on the ground floor. Simply acquire the building permit and begin construction. The estimated market value of the development when completed and fully occupied with tenants paying market rent is projected to be greater than $3,530,000. This is a great opportunity for a builder to create a profitable development to hold as an investment or sell for a profit. (id:25961)

PATRICK KELLY

REALTOR®

Direct: 613-296-8444

patrickakelly@rogers.com

Courtesy of KELLER WILLIAMS INTEGRITY REALTY

Listed on: February 05, 2024

On market: 282 days
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate
Address Price Bed Bath SqFt Area Sub Area Brokerage
528 MACLAREN STREET UNIT3 Ottawa
528 MACLAREN STREET UNIT3
$1,695 - 1 * ft X * ft Ottawa Ottawa Centre ROYAL LEPAGE TEAM REALTY
1520 BLOHM DRIVE UNITUPPER Ottawa
1520 BLOHM DRIVE UNITUPPER
$2,650 3 2 * ft X * ft Ottawa Hunt Club Park ROYAL LEPAGE TEAM REALTY
32 ROUNDHAY DRIVE UNITB Ottawa
32 ROUNDHAY DRIVE UNITB
$1,800 2 1 * ft X * ft Ottawa Manordale TRU REALTY
2080 ELEVATION ROAD Ottawa
2080 ELEVATION ROAD
$929,000 4 4 25.27 ft X * ft (Irregular Lot) Ottawa Half Moon Bay EXP REALTY
59 MONTANA WAY Ottawa
59 MONTANA WAY
$650,000 3 4 31.56 ft X 104.72 ft Ottawa Barrhaven/Longfields RE/MAX HALLMARK JENNA & CO. GROUP REALTY
352 LYON STREET N UNIT2 Ottawa
352 LYON STREET N UNIT2
$1,595 - 1 * ft X * ft Ottawa Ottawa Centre ROYAL LEPAGE TEAM REALTY
Search

PATRICK KELLY

REALTOR®

Direct: 613-286-8444

patrickAkelly@rogers.com

Innovation Realty Ltd.

8221-B Campeau Drive

Kanata, ON K2T 0A2

Phone (613) 755-2278

Please text or call me anytime.

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

powered by webkits

Views: 1436