List Price: $998,900
MLS# X9522622
Brokerage: EASY LIST REALTY LTD.
For more info, click "More Information" button below. "Most beneficial use of property: Leverage it as per its mixed Commercial/Residential TM zoning to become MS1 in 2025: Great opportunity for Professionals/Business Owners to live in it or potentially use a part of the property commercially minimizing the commercial tax bill. As Ottawa pursues its densification, possibility to expand and leverage it partially or 100% commercially and build up to 6 floor or 20 m high. If use 100% residentially, the 2024 annual gross rent income is $37500 with operating cost of $6400/yr. For a net of $31100 (no mortgage). To make it available to new buyers, the property can be vacant with a two month's notice, studio rented at $1150/mth. The property is ready to live in. Target buyers: Professionals, investors, business owners. Numerous permitted use: retail store, restaurant, bank , daycare, apartment dwelling, museum etc. Consult the city to assess your project."
| Washrooms | 0 |
|---|---|
| Basement | |
| Days On Market | 48.0 |
| Garage Type | None |
| Approx Age | |
| Taxes | 3947.00 |
| Type | Office |
| Community | 3404 - Vanier |
| Air Conditioning |
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