22-34 HOLLAND AVENUE$3,695,000

#1367924

N/A bed

N/A bath

About the Property

Developers & Builders – These are four (of six properties being offered) adjacent properties with municipal addresses: 22, 26, 30 and 34 Holland Ave. Prime development site within 75 m of Tunney’s pasture LRT Station. Selling for land value however presently buildings on land include: two bungalows, one semi-bungalow and one two- storey duplex. Fully rented. Low maintenance. Gross Income $132,660 and NOI $100,780. Zoning is TM13[2110] H(14.5) which allows for multiple development options. Can build a concrete high rise or six multi-family buildings up to 10 units each on 33' lots. The adjacent property to the South, 42 Holland Ave, is a duplex on a double lot which is also for sale ML#1369418. Phase 1 and 2 Environmental report completed for lots 30, 34 and 42 Holland. No showing without an accepted offer as the property is being sold for land value. Two business days irrevocable on all offers. Buyers to independently verify zoning and development possibilities. (id:46641)

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Listing Agent

Michael (Mike) Hooper

Broker

(613) 286-5091

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Property Details

City: Ottawa

Neighbourhood: Wellington Village

Build Year: 1936

Property

Property Type

Multi-family

Ownership Type

Freehold

Land Depth

96 ft

Building

Storeys

2

Exterior Finish

Brick

Heating Type

Forced air

Foundation Type

Poured Concrete

Parking Space Total

12

Measurements

Additional Info

Listing Contract Date

2023-11-16

Zoning Description

TM13[2110] H(14.5)

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