42 HOLLAND AVENUE$1,795,000

#1369416

N/A bed

N/A bath

About the Property

Developers & Builders - Duplex on double lot 66' x 96' within 100 meters of the Tunney's Pasture LRT Station. Possible to build two 10 unit mutli-family on 33' lots with shared drive to parking in back. This would minimize site plan control costs and time. Properties fully rented. Gross Income $63,600 and NOI $44,968. Low maintenance. Zoning is TM13[2110] H(14.5) which allows for multiple development options. Easy to rent in prime location close to transit and shopping in Wellington Village and Hintonburg. There are four adjacent 33' x 96' properties North of this one at 22, 26, 30 and 34 Holland also for sale for development ML#1369381. Phase 1 & 2 Environmental report completed for 30, 34 and 42 Holland. No showings 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. 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

Build Year: 1922

Property

Property Type

Multi-family

Land Depth

96 ft

Building

Basement Development

Finished

Basement Type

Full (Finished)

Storeys

2

Building Style

Duplex

Exterior Finish

Brick

Heating Type

Forced air

Cooling Type

Central air conditioning

Parking Space Total

6

Measurements

Additional Info

Lease Type

Gross

Listing Contract Date

2023-11-16

Zoning Description

TM13[2110] H(14.5)

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