Shovel ready! Permits and construction drawings included. High end triplex project on a 100' x 50' corner lot. Land, permits, and construction drawings for 6800 SqFt (GFA) triplex. 3 x 3-bedroom units. Construction drawings include depiction of optional fourth unit in basement (buyer to confirm zoning compliance of fourth unit). Comparable units are renting at $2300-$2400/month + utilities. Expected gross income of $86.5k for above ground units. $101k with rent from basement unit. SAVE $100k on your project: $45k in development charges and City fees paid by seller. $25k in construction drawings included with sale. $20k in carrying costs (Flexible closing available. Start the day you take possession). (id:42482)
| MLS® Number | 1221700 |
| Property Type | Vacant Land |
| Neighbourhood | Overbrook |
| Amenities Nearby | Public Transit, Shopping |
| Communication Type | Cable Internet Access, Internet Access |
| Community Features | School Bus |
| Features | Corner Site, Flat Site |
| Road Type | Paved Road |
| Basement Development | Not Applicable |
| Basement Type | Unknown (not Applicable) |
| Utility Water | Municipal Water |
| Access Type | Road Access |
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 99 Ft ,10 In |
| Size Frontage | 50 Ft |
| Size Irregular | 0.11 |
| Size Total | 0.11 Ac |
| Size Total Text | 0.11 Ac |
| Zoning Description | Residential R3m |
| Fully serviced | Available |
| Electricity | Available |
https://www.realtor.ca/real-estate/22676715/183-presland-road-ottawa-overbrook
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