102 Putman Av - Apartments FOR SALE


Ottawa, ON K1M 1Z6- East Central
$1,109,000 CAD
102 Putman Av, Ottawa, ON for Sale
$1,109,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

102 Putman Av
Ottawa, ON K1M 1Z6
East Central


HIGHLIGHTS

  • Approved plans for up to 10 units

OVERVIEW

Originally constructed as a duplex, this property has been fully gutted and professionally cleaned, offering a blank slate for redevelopment. All architectural drawings and plans are completed and ready for building permit submission. A recent survey is available. The property was previously zoned R4UD and has transitioned to N4B H(11), permitting the development of up to 10 residential units-an excellent opportunity for investors and developers. The existing structure features a layout that formerly included 2 bedrooms plus a den on the main level, 2 bedrooms on the upper level, and a basement with shared laundry and an additional large bedroom. With the current foundation and structure, there is strong potential to convert into a 4-unit building, or alternatively, pursue a full redevelopment into a new 10-unit project. Property is being sold in "as-is, where-is" condition with no warranties.

FOR SALE DETAILS

PRICE

$1,109,000 CAD

PRICE/SF

$317 CAD /SF

# OF UNITS

4

PRICE/UNIT

$277,250

CAP RATE

Request Cap Rate

% LEASED

0%

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,584 SF

ZONING

R4UD

APN/PARCEL ID

061401020142900

ASK ABOUT THIS PROPERTY

Burhan CelikTru RealtyMore Info

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Burhan CelikTru RealtyMore Info

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