Attention investors and developers. 3-storey home on a 53 x 120 ft lot in Orleans, approx. 450m to Place d'Orleans and LRT. Two existing units with projected rents of $2,200 + $1,800 + utilities. 3,253 sq ft across three levels, 4 bedrooms, 3 baths, Mitsubishi mini-split system. Zoned N5C [2179] H(20) under Zoning By-law 2026-50, permitting mid-rise development up to 20m (6 storeys). No minimum parking within 600m of rapid transit. No maximum unit density per lot area -- density governed by building envelope only. Preliminary analysis supports approximately 18-24 units over 6 storeys plus basement. Walking distance to all amenities. Hold for income, build later. (Note: contents of household digitally removed from photos). (id:31684)
Property Features
Heating Information
Baseboard
Heat Pump
Electric
Garage
1
Parking
Attached
Listing Courtesy: SUTTON GROUP - OTTAWA REALTY
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