13 BALSAM STREET
Ottawa, Ontario K1R6W6

$999,900

ID# 1376364

A shovel-ready 8-unit apartment building development opportunity in Centretown West, Ottawa. This sale includes the lot, site-plan approval documents, survey, all required reports and studies and full architectural working drawings. The cost of construction has been estimated to be $1,900,000 by professional contractors and is variable depending on your particular construction and material choices. The existing building is vacant, boarded and ready for demolition. The approved design provides for seven two bedroom apartments and a single one bedroom apartment. The design has an entrance ramp for disability access on the ground floor. Simply acquire the building permit and begin construction. The estimated market value of the development when completed and fully occupied with tenants paying market rent is projected to be greater than $3,530,000. This is a great opportunity for a builder to create a profitable development to hold as an investment or sell for a profit. (id:25961)

Courtesy of KELLER WILLIAMS INTEGRITY REALTY

Listed on: February 05, 2024

On market: 282 days

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Grid List Table Map

$924,900 600 TRIANGLE STREET
OTTAWA

$1,189,900 73 RIVERDALE AVENUE
OTTAWA

$2,800 2210 SATURN CRESCENT
OTTAWA

$2,100,000 142/144 MONTFORT STREET
OTTAWA

$2,930 600 MOUNTAINEER PRIVATE UNIT513
OTTAWA

$475,000 14A BENLEA DRIVE
OTTAWA

Address	Price	Bed	Bath	SqFt	Area	Sub Area	Brokerage
600 TRIANGLE STREET	$924,900	4	3	36 ft X 100 ft	Ottawa	Bradley Commons	DETAILS REALTY INC.
73 RIVERDALE AVENUE	$1,189,900	4	3	30.5 ft X 92 ft	Ottawa	4404	ROYAL LEPAGE PERFORMANCE REALTY
2210 SATURN CRESCENT	$2,800	4	3	26.8 ft X 106.95 ft	Ottawa	Fallingbrook	POWER MARKETING REAL ESTATE INC.
142/144 MONTFORT STREET	$2,100,000	-	-	80.48 ft X 54.93 ft (Irregular Lot)	Ottawa	Vanier	SOLID ROCK REALTY
600 MOUNTAINEER PRIVATE UNIT513	$2,930	1	1	* ft X * ft	Ottawa	Elmvale	BENNETT PROPERTY SHOP REALTY
14A BENLEA DRIVE	$475,000	3	2		Ottawa	Tanglewood	INNOVATION REALTY LTD.

13 BALSAM STREET Ottawa, Ontario K1R6W6

13 BALSAM STREET
Ottawa, Ontario K1R6W6