270-274 Montreal Road Ottawa, Ontario K1L 6C3
$3,000,000
Located in the heart of Vanier, this listing has excellent development potential! A Massing Study outlines the possibilities for the two lots when merged (combined frontage of 110 feet and depth of 100 feet). The study states that the property is zoned to develop a 6-storey, 31-unit mix-use building. Additional development potential above that (i.e., additional storeys) is possible under certain conditions. The property is in the Montreal Road Community Improvement Plan (CIP) district. The CIP is a grant program that provides incentives for property owners along Montreal Road to upgrade their properties. More information can be found on the City of Ottawa website. Vanier is located just a few kilometers east of downtown Ottawa. This rapidly developing area features cycling and walking paths along the Rideau River. It offers a wide range of independent shops, mainly along Montreal Road and lively Beechwood Avenue on Vaniers northern edge. Book your showing today! (id:37446)
Property Details
| MLS® Number | 1273729 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Parking Space Total | 6 |
Building
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Stucco |
| Flooring Type | Tile, Vinyl |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 99 Ft |
| Size Frontage | 55 Ft ,3 In |
| Size Irregular | 55.25 Ft X 99 Ft |
| Size Total Text | 55.25 Ft X 99 Ft |
| Zoning Description | Tm3 |
https://www.realtor.ca/real-estate/23916800/270-274-montreal-road-ottawa-vanier
Interested?
Contact us for more information
Kevin Cosgrove
Salesperson
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343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
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January 04 2022 06:10:40
Ottawa Real Estate Board
Exp Realty