439 CHURCHILL AVENUE N$1,375,000

Calling investors and builders. Income generating property with City approved plans to develop into mixed-use building for additional income. Stand alone renovated building w 5 parking spaces in a prime location, steps from Wellington street in Westboro. Fully occupied by two long term commercial tenants; current net operating income of $52,036. Open concept main floor w/kitchen, two 2 pc bath and access to the basement. Lower level with large windows, 2 pc bath and direct exit to rear parking lot. Second level also has 2pc bath. Central air and heat. Many windows allow an abundance of light to enter. LC 1 zoning allows for a multitude of non-residential/local commercial uses, residential or mixed use. Plans for re-development of the site to add 4 residential units to the building approved by the City. Plans and studies are available on City of Ottawa Development Application Website, or upon request. (id:46641)