258,260,262,264 Bronson Avenue, Ottawa, Ontario K1R 6H8

Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey development with multiple use. Enjoy a good income producing investment while planning the development of your own perfect income property specific to your investment portfolio needs. Located on one of the main city corridors - walking distance to LRT Station, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations inside & out, each 3 bedroom unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with an estimated potential rent of $2,900 per month per new 3-bedroom unit (top unit completed & presently occupied by one of the owner's). 15 Parking space/income estimated. Each of the 3 Row units have undergone major renovations include 4-bedrooms, 2 full bathrooms, & in-unit laundry. (id:27476)

This property is a Freehold, meaning it is owned outright.

There are a total of 15 parking spaces available on the property.

This is an exceptional income-producing investment property with significant development potential. It is zoned TM [2214], allowing for a 6-storey development with multiple uses. This presents an opportunity to generate income while planning the development of a custom income property tailored to specific investment portfolio needs. There is also potential for Vendor Take Back for the right buyer who meets the owner's loan requirements. The property is conveniently located on one of the main city corridors leading to the future development at LeBreton Flats, within walking distance to the LRT Station, and just minutes from Downtown, Dows Lake, and Little Italy. The duplex is currently undergoing major renovations, with each 3-bedroom unit to include 2 full bathrooms, its own furnace, laundry, and hydro meter. The estimated potential rent is $2,850 per month per unit, with the top unit already completed and occupied by one of the owners. Additionally, there are 15 parking spaces available for income. Each of the 3 row units has also undergone major renovations, featuring 4 bedrooms, 2 full bathrooms, and in-unit laundry. (id:27476).

This property is currently for sale.

The land size of this property measures 104.49 ft X 99 ft.

The property is located on Bronson Avenue, specifically at 258, 260, 262, and 264.

It is situated in the city of Ottawa, within the province of Ontario, and has a postal code of K1R6H8.

The building exterior finish of the property is a combination of brick and siding.

Heating fuel for the property is natural gas, and the heating type is forced air. The property consists of 2 stories in total.