13 BALSAM STREET
Ottawa, Ontario K1R6W6

$999,900

ID# 1376364
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: 283 days
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Address Price Bed Bath SqFt Area Sub Area Brokerage
105 CHAMPAGNE AVENUE S UNIT1209 Ottawa
105 CHAMPAGNE AVENUE S UNIT1209
 $2,100 2 1 * ft X * ft Ottawa West Centre Town RE/MAX HALLMARK REALTY GROUP
185 CRAIG DUNCAN TERRACE Ottawa
185 CRAIG DUNCAN TERRACE
 $730,900 3 3 20 ft X 100 ft Ottawa Shea Village EXP REALTY
1673 LOCKSLEY LANE Ottawa
1673 LOCKSLEY LANE
 $399,900 2 2 Ottawa Beaconwood ROYAL LEPAGE PERFORMANCE REALTY
840 CAHILL DRIVE UNIT36 Ottawa
840 CAHILL DRIVE UNIT36
 $419,900 3 3 Ottawa Hunt Club COLDWELL BANKER SARAZEN REALTY
485 RICHMOND ROAD UNIT502 Ottawa
485 RICHMOND ROAD UNIT502
 $499,000 1 1 Ottawa Westboro KELLER WILLIAMS INTEGRITY REALTY
39 REBECCA CRESCENT Ottawa
39 REBECCA CRESCENT
 $875,000 - - 0.26 ac Ottawa Rothwell Heights ROYAL LEPAGE TEAM REALTY
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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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