259 BRADLEY AVENUE$649,900

#1371170

N/A bed

N/A bath

About the Property

Attention Developers, Investors and First-time Buyers!! OPPORTUNITY FOR QUICK 46% ROI - ASK FOR DETAILS. Duplex with ADDITIONAL 3rd unit on massive 66 x 95 ft lot. 2 lots for the price of 1!! Take advantage of the new federal government (GST) rebate on new qualifying rental. Just a short 10-minute drive to downtown Ottawa. Property zoned R4UA which offers plenty of development options. Draft concept for 8 unit development options available for review. All 3 units consist of 2 bedrooms and 1 bathroom. Unit 3 features balcony while unit 2 offers walk-out deck in rear. Parking for all 3 units. Rents are significantly below market value. Unit 1 currently left vacant, Unit 2 $1,295 + hydro, and Unit 3 $836 + hydro. On turnover, with a quick refresh, rents can be increased substantially. (id:46641)

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Listing Agent

Kevin Sharpe

Broker

(613) 866-3084

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Realtor.ca

Property Details

City: Ottawa

Neighbourhood: Vanier

Lot Size: 0.14 ac

Build Year: 1950

Property

Property Type

Multi-family

Land Size

0.14 ac

Land Depth

95 ft

Features

Cul-de-sac

Building

Basement Development

Finished

Basement Type

Full (Finished)

Storeys

2

Building Style

Duplex

Exterior Finish

Stone, Siding

Heating Type

Hot water radiator heat, Radiant heat

Cooling Type

None

Parking Space Total

3

Measurements

Additional Info

Lease Type

Gross

Listing Contract Date

2023-12-05

Zoning Description

R4UA

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