1592 Tenth Line Rd - Commercial LAND FOR SALE


Ottawa, ON K1E 2H8- East Central16,117 SF
$1,500,000 CAD
833-842-8045
1592 Tenth Line Rd, Ottawa, ON for Sale
$1,500,000 CAD
Commercial LAND - FOR SALE
1/7
16,117 SF

1592 Tenth Line Rd
Ottawa, ON K1E 2H8
East Central


HIGHLIGHTS

  • High Demand for Rentals: Orleans has a growing population and increasing demand for rental properties, making it an attractive market.
  • Prime Location: The lot's location on Tenth Line Road offers excellent accessibility to public transportation, major roads, and highways.
  • Close to Groceries and Shopping: Tenants will benefit from being near grocery stores and shopping centers, such as the Place d'Orleans Shopping
  • Underground Parking: Including underground parking adds significant value to the property, providing tenants with secure, weather-protected parking
  • The property is close to the Ray Friel Recreation Complex, providing tenants with easy access to fitness facilities, swimming pools, ice rinks.
  • Accessibility to Amenities: In addition to recreation and shopping, the area is also near schools, parks, and healthcare facilities.

OVERVIEW

Location, location, location! Welcome to 1592 Tenth Line Road, an exceptional real estate opportunity in Orleans! Fourplex, with three of its units currently tenanted, provides immediate income - $38,201 NOI while you wait to develop in the near future! It's important to note that the fourplex is being sold in"as is" condition, as the true value of this offering lies in the development potential the lot holds. Site plan for the construction of 27 one-bedroom units across two buildings, with underground parking. This strategically located development lot offers great potential for investors and developers seeking to create a thriving multi-residential community. One of the most compelling aspects of this property is its prime location. It is conveniently situated near essential amenities such as the Ray Friel Rec Complex, groceries, & shopping, making it an attractive option for future residents. Contact me for more information & to explore the full development package of this property.

FOR SALE DETAILS

PRICE

$1,500,000 CAD

PRICE/ACRE

$4,054,054/AC

PRICE/SF

$93 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.37 AC

LAND SF

16,117 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R4

APN/PARCEL ID

061450030132500

ASK ABOUT THIS PROPERTY

Edmundo RoaeXp RealtyMore Info
833-842-8045

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Edmundo RoaeXp RealtyMore Info
833-842-8045

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.