291-293 St Laurent Boulevard Ottawa, Ontario K1K 2Z3
$1,599,000
Well-located 4-unit mixed-use building on 50ft x 110ft lot! This building features a strong unit mix (1 x 1 bdrm, 1 x 2 bdrm, and 1 x 4 bdrm, plus a take-out pizza restaurant) and a healthy cash flow from the in-place uses servicing the residents of the Rockcliffe Park and Manor Park communities. The large lot provides ample parking for tenants and customers and ancillary income is provided by the 10ft x 24ft storage building, and private office at the rear of the property. This neighbourhood will be transformed in the coming years as a result of a new Official Plan Amendment for the Manor Park community which was recently given support by City of Ottawas planning committee and city council which could deliver nearly 4,000 new residential units on the Manor Park Estates development across the street. A rare opportunity to invest in this growing community! (id:47723)
Property Details
| MLS® Number | 1310438 |
| Property Type | Multi-family |
| Neigbourhood | Rockcliffe Park / Manor Park |
| Amenities Near By | Public Transit, Recreation Nearby, Water Nearby |
| Features | Flat Site |
| Parking Space Total | 11 |
Building
| Basement Development | Not Applicable |
| Basement Type | None (not Applicable) |
| Constructed Date | 1981 |
| Construction Style Attachment | Attached |
| Cooling Type | Unknown |
| Exterior Finish | Stucco, Vinyl |
| Flooring Type | Mixed Flooring |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 3 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Gravel | |
| Tandem | |
| Visitor Parking |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation Nearby, Water Nearby |
| Sewer | Municipal Sewage System |
| Size Depth | 110 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 Ft X 110 Ft |
| Size Total Text | 50 Ft X 110 Ft |
| Zoning Description | R3b-c |
Utilities
| Fully serviced | Available |
| Electricity | Available |
Interested?
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August 30 2022 02:10:37
Ottawa Real Estate Board
Capital Commercial Investment Corp.