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$599,900

ATTENTION DEVELOPERS & INVESTORS! Exceptional opportunity on a 40' x 100' lot with N3B[1340] zoning offering exciting redevelopment potential in a rapidly evolving neighbourhood. A newly constructed 8-unit apartment building on the neighbouring property demonstrates the development potential of this location and lot size. The existing property features 2 self-contained units - one 2-bedroom unit and one 1-bedroom unit - with BOTH UNITS TO BE VACANT ON CLOSING, giving the new owner the rare opportunity to select their own tenants and establish current market rents from day one. Whether you're looking for a redevelopment opportunity, a solid income property, or an owner-occupied home with a separate rental unit to help offset expenses, this property offers tremendous flexibility. The property also features a detached garage and a generous 40' x 100' lot. With new N3B[1340] zoning, nearby multi-unit redevelopment and an 8-unit building already constructed next door, this is an excellent opportunity for builders, developers and investors looking to capitalize on Ottawa's push toward greater urban density. Buy, rent, hold or explore redevelopment - 92 Jolliet offers multiple possibilities. Buyer to complete their own due diligence regarding development potential, permitted unit count and applicable zoning provisions. (id:5764)

3 Beds ⋅ 2 Baths ⋅ X13816702 MLS® #

92 Jolliet Avenue, Ottawa

Listing courtesy of RE/MAX ABSOLUTE REALTY INC..