$1,049,000
 $5,631 est/mo Sourced by Back At You

Address Unavailable , Vanier and Kingsview Park, ON K1L 7E8

Vanier and Kingsview Park, ON K1L 7E8

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Description

Build generational wealth by building your own 12 unit multifamily property post committee of adjustment approval. Experienced Planners and Builders have created this unique layout so that the end user can save upwards of $100k+ in development charges, cash-in-lieu fees, and more compared to a traditional purpose built 12-16 unit building while enjoying the same rental income. Other advantages include: no sprinkler system, municipal garbage collection, no accessible units, no common stairway, available on-site parking and more. The property’s efficient design helps minimize maintenance costs and maximizes profitability for future owners. With the new Zoning By-law amendment, there is potential to add an additional 4 units, to a total of 16 units as basement units will be undeveloped. No site plan &/or zoning by-law amendment required. Status: Pending Committee of adjustment approval.

Details

MLS#X9519987
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site85
Listing Provided ByEXP REALTY | Not Provided

Features

BasementY
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 21 minutes ago
StateON
CountyOttawa
CityVanier and Kingsview Park
Zip CodeK1L 7E8
Area3402 Vanier
Listing VS Median (in K1L 7E8)
Price:
$1,049,000
low | high
Med:
$0
On Site:
85
low | high
Med:
Sourced by Back At You
Listing Updated: December 3, 2024 at 11:55:42 PM PST