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1592 Tenth Line Rd

Tenth Line RdOrléansOttawaON, K1E 2H8

-
Beds
-
Baths
$1,512,000
List Price
1592 Tenth Line Rd, Ottawa, ON - 1 of 3
1592 Tenth Line Rd, Ottawa, ON - 2 of 3
1592 Tenth Line Rd, Ottawa, ON - 3 of 3
New
25 days on market

Quick Summary

  • Exceptional development potential on large lot
  • Approved site plan for 27 one-bedroom units
  • Strategically located near essential amenities
  • Immediate income from 3 tenanted units
  • Sold in "as is" condition for development

Location, location, location! Welcome to 1592 Tenth Line Road, an exceptional real estate opportunity in Orleans! Fourplex, with three of its units currently tenanted, provides immediate income - $38,201 NOI while you wait to develop in the near future! It's important to note that the fourplex is being sold in"as is" condition, as the... Show More

Location, location, location! Welcome to 1592 Tenth Line Road, an exceptional real estate opportunity in Orleans! Fourplex, with three of its units currently tenanted, provides immediate income - $38,201 NOI while you wait to develop in the near future! It's important to note that the fourplex is being sold in"as is" condition, as the true value of this offering lies in the development potential the lot holds. Site plan for the construction of 27 one-bedroom units across two buildings, with underground parking. This strategically located development lot offers great potential for investors and developers seeking to create a thriving multi-residential community. One of the most compelling aspects of this property is its prime location. It is conveniently situated near essential amenities such as the Ray Friel Rec Complex, groceries, & shopping, making it an attractive option for future residents. Contact me for more information & to explore the full development package of this property. (id:54626)

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Property Details

Parking

4 Parking Spaces
Surfaced

Lot

Size
1802′0″ * 1270′0″
Acres
-

Build

Year Built
1962
Model Name
-
Basement
Finished
Exterior
Siding
Foundation
-
Builder Name
-
Stories
3
Flooring
Laminate
Roof
-

Heating & Cooling

Heating
Baseboard heaters, Forced air
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Source

Listing Brokerage

MLS® Listing
1393702
Last Updated
May 29, 2024
Brokerage
EXP REALTY
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