Presenting a unique opportunity, this property is now available for sale under power of sale. With a land size of 0.53 acre, it is designated as future development land, making it an ideal location for rental apartments. Situated on the northeast corner of Bank Street and Evans Blvd. in Ottawa, this property has great potential for development.
In 2019, the site plan for this property was approved for an 8-storey mixed-used apartment building, with a total gross floor area of 74,673 sq. ft. The land is fully serviced to the lot line, providing convenience for any future development. However, it is important to note that there are no representations or warranties, and the buyer(s) are responsible for completing their own due diligence.
With its prime location and approved site plan, this property offers a promising investment opportunity. Interested buyers are encouraged to attach all schedules to their offers and conduct a thorough review of the property before making any commitments.
Don't miss out on the chance to acquire this property, located at 1545 Bank St. in Ottawa, Ontario. With a postal code of K1H7Z1, it is situated in the community of Gloucester, making it a desirable location for potential development.