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$1,199,900

294 Somerset Street E Ottawa, Ontario K1N 6W1

294 Somerset Street E, Ottawa, Ontario  K1N 6W1 - Photo 1 - 1291941
294 Somerset Street E, Ottawa, Ontario  K1N 6W1 - Photo 2 - 1291941

294 Somerset Street E Ottawa, Ontario K1N 6W1

Great location! Close to Ottawa University, Rideau Centre and the Byward market! City plans have been submitted to be approved to build a modern 8 unit building approx. 5500 sq ft AG and 7200 sq ft with basement. 2 x 1 bedrooms ($1650/Monthly), 6 x 2 bedrooms ($2500/Monthly). Use the open concept floor plans and choose modern finishings. Projected GOI= $219,600. NOI = $153,720. Expenses estimated at 30%. Over $300,000 have already been paid for soft costs including all plans, permits, land tests, geo tech etc. Rendering is preliminary version proposed build. Site Plan attached. 24 hours irrevocable on all offers. (id:42482)

Enquire about 294 Somerset Street E, Ottawa, Ontario K1N 6W1

    Property Details

    Property Details for 294 Somerset Street E, Ottawa, Ontario K1N 6W1

    MLS® Number 1291941
    Property Type Vacant Land
    Neighbourhood Sandy Hill
    Amenities Nearby Public Transit, Recreation Nearby, Shopping

    Building

    Building details for 294 SOMERSET STREET E, Ottawa, Ontario K1N 6W1
    Basement Development Not Applicable
    Basement Type Unknown (not Applicable)
    Utility Water Municipal Water

    Land

    Acreage No
    Land Amenities Public Transit, Recreation Nearby, Shopping
    Sewer Municipal Sewage System
    Size Depth 100 Ft
    Size Frontage 40 Ft
    Size Irregular 0.09
    Size Total 0.09 Ac
    Size Total Text 0.09 Ac
    Zoning Description R4u

    EXP REALTY
    343 Preston Street, 11th Floor
    Ottawa, Ontario K1S 1N4

    (866) 530-7737
    (647) 849-3180
    www.exprealty.ca

    Tarek El Attar
    Salesperson

    (613) 733-9494
    EXP REALTY
    343 Preston Street, 11th Floor
    Ottawa, Ontario K1S 1N4

    (866) 530-7737
    (647) 849-3180
    www.exprealty.ca

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