13 BALSAM STREET
Ottawa, Ontario K1R6W6

$999,900

ID# X9515029
A shovel-ready 8-unit apartment building development opportunity in Centretown West, Ottawa. This sale includes the lot, site-plan approval documents, survey, all required reports and studies and full architectural working drawings. The cost of construction has been estimated to be $1,900,000 by professional contractors and is variable depending on your particular construction and material choices. The existing building is vacant, boarded and ready for demolition. The approved design provides for seven two bedroom apartments and a single one bedroom apartment. The design has an entrance ramp for disability access on the ground floor. Simply acquire the building permit and begin construction. The estimated market value of the development when completed and fully occupied with tenants paying market rent is projected to be greater than $3,530,000. This is a great opportunity for a builder to create a profitable development to hold as an investment or sell for a profit. (id:25961)
Courtesy of KELLER WILLIAMS INTEGRITY REALTY

Listed on: February 05, 2024

On market: 297 days
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Address Price Bed Bath SqFt Area Sub Area Brokerage
232 CONDADO CRESCENT Ottawa
232 CONDADO CRESCENT
 $1,395,900 6 10 40 x 109.68 FT ; 0 Ottawa KELLER WILLIAMS INTEGRITY REALTY
284 DALHOUSIE STREET Ottawa
284 DALHOUSIE STREET
 $149,000 - - Ottawa SHAKER REALTY LTD.
134 PRIMROSE AVENUE Ottawa
134 PRIMROSE AVENUE
 $899,900 4 3 36.3 x 99 FT ; 0 Ottawa RE/MAX ABSOLUTE WALKER REALTY
242 GERSHWIN Ottawa
242 GERSHWIN
 $389,000 2 2 Ottawa RE/MAX ABSOLUTE REALTY INC.
4035 ROGER STEVENS DRIVE Ottawa
4035 ROGER STEVENS DRIVE
 $999,900 5 3 893 x 5211 FT ; 0|100+ acres Ottawa RE/MAX HALLMARK REALTY GROUP
58 - 3535 ST JOSEPH BOULEVARD Ottawa
58 - 3535 ST JOSEPH BOULEVARD
 $282,000 2 1 80 x 100 FT ; 0 Ottawa RE/MAX ABSOLUTE REALTY INC.
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Steve Boxma

BROKER

Direct: 613-692-3567

steveboxma@royallepage.ca

Royal LePage Team Realty Brokerage

1096 Bridge Street | Manotick

Office Phone: 613-692-3567

Toll Free: 1-800-490-8130

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