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Home ON Ottawa - Gatineau Ottawa Orleans Orleans Queenswood Heights
1592 TENTH LINE ROAD
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1592 TENTH LINE ROAD $1,512,000
$1,512,000
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1592 TENTH LINE ROAD
Ottawa, Ontario K1E2H8

MLS® Number: 1393702

Listing Description

Location, location, location! Welcome to 1592 Tenth Line Road, an exceptional real estate opportunity in Orleans! Fourplex, with three of its units currently tenanted, provides immediate income - $38,201 NOI while you wait to develop in the near future! It's important to note that the fourplex is being sold in"as is" condition, as the true value of this offering lies in the development potential the lot holds. Site plan for the construction of 27 one-bedroom units across two buildings, with underground parking. This strategically located development lot offers great potential for investors and developers seeking to create a thriving multi-residential community. One of the most compelling aspects of this property is its prime location. It is conveniently situated near essential amenities such as the Ray Friel Rec Complex, groceries, & shopping, making it an attractive option for future residents. Contact me for more information & to explore the full development package of this property. (28355136)

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
3
Neighbourhood Name
Queenswood Heights
Land Size
0.37 ac
Built in
1962
Annual Property Taxes
$5,657
Parking Type
Surfaced
Time on REALTOR.ca
123 days

Building

Interior Features
Flooring
Laminate
Basement Type
Full (Finished)
Building Features
Style
Attached
Total Units
4
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters (Electric), Forced air (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Siding
Parking
Parking Type
Surfaced
Total Parking Spaces
4

Land

Lot Features
Frontage
150 ft ,2 in
Land Depth
105 ft ,10 in
Present Use
Development residential
Other Property Information
Zoning Description
R4
Lease Type
Gross
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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