1570-1580 Goth Avenue, Ottawa, Ontario K1T 1E4

Listed for:
$3,200,000
0 beds
0 baths
Listed 110 days ago
1570-1580 Goth Avenue, Ottawa, Ontario K1T 1E4

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Listing provided by:
RE/MAX HALLMARK REALTY GROUP
MLS® number:
1375764
Agent:
Ian Hassell
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About

Over 1.5 acre lot with numerous development possibilities. Drawings propose a 26 semi-detached house plan. Zoning permits with no variances 7 lots of 30' frontage and ~300' depth each for single homes along Goth Ave., plus an adjacent 50' x 99' lot on Rosebella. Many possible scenarios, however it is priced for the simplest of developments, all within the permitted zoning. The Buyer should explore the zoning themselves. The new Official Plan will allow more density than the current zoning provides for, and the City is in the process of rewriting its zoning bylaws to comply with the new Official Plan. Month to month tenants to be assumed. Please do not disturb the tenants. Do not walk the lot without an appointment. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby
Public Transit, Recreation Nearby, Shopping

Location

Summary

This listing offers a unique opportunity with its close proximity to various amenities such as public transit, recreational facilities, and shopping options. The property boasts a substantial lot size of over 1.5 acres, presenting numerous possibilities for development.

Preliminary plans suggest the potential for a 26 semi-detached house layout, with zoning regulations allowing for the creation of 7 lots with 30' frontage and approximately 300' depth each along Goth Ave. Additionally, there is an adjacent lot measuring 50' x 99' on Rosebella. While there are multiple development scenarios to consider, the property is priced with the simplest options in mind, all of which fall within the permitted zoning regulations.

It is important for potential buyers to conduct their own research into the zoning regulations, as the new Official Plan is expected to allow for greater density than the current zoning permits. Furthermore, the City is in the process of revising its zoning bylaws to align with the new Official Plan. The property currently has month-to-month tenants in place, and it is crucial to respect their privacy by not disturbing them. Additionally, any visits to the property should be scheduled in advance.

For those interested, this property is available for sale and is situated at 1570-1580 Goth Avenue in the city of Ottawa, Ontario. The postal code for this property is K1T1E4, and it features a basement that is classified as Not Applicable.