22-42 HOLLAND AVENUE$5,490,000

#1369421

N/A bed

N/A bath

About the Property

Developers & Builders - Five adjacent lots: four 33' x 96' and one 66' x 96 with an unused City lane at rear. Municipal addresses: 22,26,30, 34 and 42 Holland Ave Total Holland frontage of 198 feet. Prime development site 19,100 sq ft within 75m of the Tunney's Pasture LRT Station. There are three single family homes and two duplexes. All fully rented. Low maintenance. Gross Income $194,340 and NOI $143,848. 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. Phase 1 and 2 Environmental report completed for lots 30-42 Holland. No showings without an accepted offer as the properties are being sold for land value. Two Business Days irrevocable on all offers. Buyers to independently verify zoning and development possibilities. Additional information & documents available upon request. (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

Lot Size: 0.45 ac

Property

Property Type

Vacant Land

Ownership Type

Freehold

Land Size

0.45 ac

Land Depth

96 ft

Building

Measurements

Additional Info

Listing Contract Date

2023-11-16

Zoning Description

TM13[2110] H(14.5)

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