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)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of KELLER WILLIAMS INTEGRITY REALTY

Listed on: February 05, 2024

On market: 285 days

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CONTACT

+1 (613) 355-7078

Brandi Leclerc

Sales Representative

(613) 355-7078 (direct)

(613) 825-7653 (office)

brandil@royallepage.ca

homeswithbrandi.com

3101 Strandherd Drive, Ottawa

BARRHAVEN / NEPEAN

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13 BALSAM STREET Ottawa, Ontario K1R6W6

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14 MCEWEN AVENUE Smiths Falls $372,500 Beds: Baths: Sq Ft:ArrayTegan Mackey

73 HACKAMORE CRESCENT Richmond $2,800 Beds: 4 Baths:4 Sq Ft:ArrayJoseph Mathews Kunnathara

360 TUCANA WAY Ottawa $3,700 Beds: 6 Baths:4 Sq Ft:ArrayAndrea Zhang

60 VERGLAS LANE Orleans $644,999 Beds: 3 Baths:4 Sq Ft:ArrayMohamed Dahrouj

4105 TALBOT STREET Ottawa $399,900 Beds: 3 Baths:2 Sq Ft:ArrayTom (Thomas) Robins

3256 RIVER ROAD Ottawa $899,900 Beds: 5 Baths:4 Sq Ft:ArrayJames Wang

170 PRESTON STREET UNIT301 Ottawa $2,800 Beds: 2 Baths:2 Sq Ft:ArrayOmar Hashem

380 FISHER STREET North Bay $750,000 Beds: Baths: Sq Ft:ArrayBrooke Kelly-Sipes

356 FALSETTO STREET Orleans $3,000 Beds: 3 Baths:3 Sq Ft:ArrayHarpreet Pandher

216 CARILLON STREET UNIT1 Ottawa $1,950 Beds: 2 Baths:1 Sq Ft:ArrayThom Fountain

455 CLARIDGE DRIVE Ottawa $2,700 Beds: 3 Baths:3 Sq Ft:ArrayJason MacDonald

128 HACKAMORE CRESCENT Richmond $779,000 Beds: 3 Baths:4 Sq Ft:ArrayJoseph Mathews Kunnathara

17 VICTORIA STREET Finch $479,900 Beds: 2 Baths:2 Sq Ft:ArrayJulian Hyams

13 OAK CRESCENT Brockville $459,000 Beds: 3 Baths:2 Sq Ft:ArrayBrandy Burns

11 STATION ROAD Portland $337,900 Beds: Baths: Sq Ft:ArrayDani Lachapelle

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1564 SCOTTANNE STREET Ottawa $1,099,000 Beds: 5 Baths:3 Sq Ft:ArrayChantal Maher

100 TAY STREET Ottawa $1,099,000 Beds: 3 Baths:3 Sq Ft:ArrayDebra Cherry

1352 RAVEN AVENUE Ottawa $458,888 Beds: 2 Baths:1 Sq Ft:ArrayKevin Feely

6 ASH STREET Ottawa $215,000 Beds: 1 Baths:1 Sq Ft:ArrayTracy Robillard

109 NORTH CHANNEL ROAD Johnstown $249,000 Beds: 2 Baths:1 Sq Ft:ArrayNatalie Sobhie

21 JAMES STREET UNIT608 Ottawa $1,800 Beds: 1 Baths:1 Sq Ft:ArrayAdam Pearce

352 LYON STREET N UNIT2 Ottawa $1,595 Beds: 0 Baths:1 Sq Ft:ArrayAliya Adatia | Sales Representative