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306 Nelson Street Ottawa, Ontario K1N 7S4

$1,486,400

Unused Land! This property allows for the construction of six additional units (eight in total) while retaining the existing gorgeous duplex. With favorable zoning, ample lot size, and an existing duplex on one side of the lot, there's plenty of unused land available for expansion, all while complying with side yard setback regulations. Located just steps from Ottawa University and Downtown, this is a prime investment opportunity. You can retain the existing duplex for immediate income potential or occupy it yourself while determining the lot configuration. The two-unit building on the property can generate substantial income from day one. The property's land value alone presents a golden opportunity, and its spacious lot invites you to explore the potential for a lucrative multi-unit development. Serious buyers and developers should act now, schedule a showing, and seize this unique chance to unlock a world of possibilities in this exceptional land opportunity! (id:36465)

Open House

This property has open houses!

March
3
Sunday
Starts at:

2:00 pm

Ends at:

4:00 pm

This property needs to be seen! Drop by and see for yourself.

Property Details

MLS® Number 1364109
Property Type Vacant Land
Neigbourhood Sandy Hill
Amenities Near By Public Transit, Shopping
Road Type Paved Road
Structure Sidewalk, Patio(s), Porch

Building

Basement Development Not Applicable
Basement Type Unknown (not Applicable)
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Current Use Development Residential
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 93 Ft ,2 In
Size Frontage 50 Ft ,10 In
Size Irregular 0.11
Size Total 0.11 Ac
Size Total Text 0.11 Ac
Zoning Description R4ud

Utilities

Fully serviced Available

https://www.realtor.ca/real-estate/26234383/306-nelson-street-ottawa-sandy-hill

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