259 Bradley Avenue, Ottawa, Ontario K1L 7E8

Listed for:
$1,049,000
0 beds
0 baths
Listed 191 days ago
259 Bradley Avenue, Ottawa, Ontario K1L 7E8

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Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
X9519987
Agent:
Armin Khamsehzadeh
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About

Follow directions from HWY 417 E to Vanier PKWY N, turn right into Montreal Rd, North on Park St, Right onto Montfort and then Right onto Bradley Avenue Build generational wealth by developing your own 12 unit multifamily property. Experienced Planners and Builders have created this unique layout so that the end user can save upwards of $100k+ in development charges, cash-in-lieu fees, and more compared to a traditional purpose built 12-16 unit building while enjoying the same rental income. Other advantages of this design includes: no sprinkler system, available municipal garbage collection, no required accessible units, no common stairway, available on-site parking and more. The efficient design helps minimize maintenance costs and maximizes profitability for future owners, while lowering development charges and construction costs. With the new Zoning By-law amendment, there is potential to add an additional 4 units, for a total of 16 units. No site plan &/or zoning by-law amendment required. Take advantage of federal rebates as well as the available plans which can take you straight to building permit while utilizing CMHC MLI select level 3 program which offers you higher amortization and lower interest payments. Buyer to pay for development charges, and permitting fees. Plans available upon request. Available studies: TIR, Grading, Architectural, Structural layouts, and HVAC (id:27476)

Property Highlights

MLS® Number
X9519987
Type
Vacant Land
Community Name
3402 - Vanier
Land Size
66 x 94.74 FT ; 0

Building

Fireplace Present
No
Basement Type
Unknown (Not Applicable)
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location