$ 5,500,000
259 BRADLEY AVENUE Ottawa, ON K1L7E8
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$ 5,500,000
Est. payment | /mo
$ 5,500,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Vanier
MLS® Listing ID 1408585
Originating Board Ottawa Real Estate Board
Property Description
Exceptional TO BE BUILT 12 unit multi-family offering located in a developing area in Ottawa. 259 Bradley offers easy access to amenities, public transportation, and major roadways, making it an ideal location for tenants and potential students. With the ongoing development in the area and favorable zoning policy, this property is positioned for significant appreciation and income potential for the years to come. The property’s efficient design helps minimize maintenance costs and maximizes profitability for future owners. Benefits of this design and layout: No sprinkler system, each unit with their own access, no required accessible units, Lower development charges (Approx. $100k+), available parking, regular city garbage collection services, and no severance cash-in lieu required. With the new Zoning By-law amendment, there is potential to add an additional 4 units, to a total of 16 units as basement units will be undeveloped. Status: Pending Committee of adjustment approval (id:24570)
Location
Province ON
Interior
Heating Heat Pump
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 3
Others
Ownership Freehold
Listed by EXP REALTY
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