105-109 Henderson Avenue Ottawa, Ontario K1N 7P5
$2,099,900
Don't miss the opportunity to own one of the last double development lots in Sandy Hill. 105/109 Henderson Av being offered as a single package to build a 20 unit, 3 story building. The Site Plan has been approved but is not registered and the Building Permit Approval is in the final stage with the city. Zoned R4S. Plans consist of 8 x two bedrooms (estimated at $2500 per month), 8 x one beds (estimated at $2000 per month), 4 x Studios (estimated at $1700 per month). Projected GOI = $513,600. Projected NOI = $359,520. Expenses are estimated at 30%. Over $435,000 has already been paid for soft costs including all plans, permits, land tests, geo tech etc. Close to Ottawa University, Rideau Centre and the Byward market! Plans attached. 48 hours irrevocable on all offers. (id:47723)
Property Details
| MLS® Number | 1305899 |
| Property Type | Vacant Land |
| Neigbourhood | Sandy Hill |
Building
| Basement Development | Not Applicable |
| Basement Type | Unknown (not Applicable) |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 101 Ft ,3 In |
| Size Frontage | 69 Ft ,6 In |
| Size Irregular | 0.16 |
| Size Total | 0.16 Ac |
| Size Total Text | 0.16 Ac |
| Zoning Description | R4s |
https://www.realtor.ca/real-estate/24709192/105-109-henderson-avenue-ottawa-sandy-hill
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