109-115 Dalhousie Street Ottawa, Ontario K1N 7C1

$1,599,900

Amazing Investment/Development Opportunity in one of Ottawas most spectacular locations! FOUR existing homes (2 sets of semi detached properties) on a 66ft x 99ft lot. Traditional Main Street zoning allowing for a multitude of development options including plans in place for a 27 unit building. Existing properties include two spacious 3 bed 1 bath brick semis & two 1+den 1 bath semis. Solid income while you plan your project & loads of room to increase rents on turnover with minor updating. Extensive architectural plans, engineering reports & planning studies already completed for a stunning 27-29 unit building incorporating the existing structures. A great opportunity to take advantage of incentives for rental developments currently available & more to come in the near future. Located at the northern edge of the city, surrounded by sought after condo buildings & Embassies, minutes to the Ottawa River, The Byward Market, Parliament Hill & so much more, this location is second to none! (id:55510)

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https://www.realtor.ca/real-estate/26078981/109-115-dalhousie-street-ottawa-lowertown