$1,120,000

Vacant Land For Sale In Overbrook - McArthur, Ottawa, Ontario

$1,120,000

Property Information:

Development site at 908-912 St. Laurent Blvd. Prime location with development potential. Opportunity to build up to an 8-storey building. Gross income: $108,687. Taxes (2025): $23,834. Operating expenses: approximately $16,617. Net income: approximately $68,236. Two 1 bedroom apartments and two commercial units. One is an Indian restaurant (take out food) and the other commercial unit is a church. We are presenting a prime freehold property boasting 11 convenient parking spaces, 2 bustling retail units, 2 comfortable apartments. Located in a high-traffic commercial hub, this property offers investors a solid foundation for reliable rental income and potential capital appreciation. With a diverse mix of retail, residential, this property has exceptional potential to grow your business or investing. Contact Brad Closs 613-200-1000 for available commercial development opportunities. (id:27)

Building Features:

  • Amenities: Separate Hydro Meters
  • Basement Type: Partial
  • Exterior Finish: Brick
  • Heating Type: Baseboard heaters, Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water meter, Two stoves

Property Features:

  • Property Type: Vacant Land
  • Bathrooms: 4
  • Half Bathrooms: 2
  • Features: Lane
  • Irregular: Yes
  • Lot Depth: 93 Feet
  • Lot Frontage: 75 Feet
  • Lot Size: 75 x 93 FT
  • Utility Type: Sewer - Installed, Hydro - Installed, Cable - Installed
  • Zoning: AM(10)2199
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 11

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.