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Don't miss the opportunity to own one of the last double development lots in Sandy Hill. 105/109 Henderson Av being offered as a single package to build a 20 unit, 3 story building. Site plan approved, just need to pick up permit. Zoned R4S. Plans consist of 8 x two bedrooms (estimated at $2500 per month), 8 x one beds (estimated at $2000 per month), 4 x Studios (estimated at $1700 per month). Projected GOI = $513,600. Projected NOI = $359,520. Expenses are estimated at 30%. Close to Ottawa University, Rideau Centre and the Byward market! Plans attached. 48 hours irrevocable on all offers. SELLER IS WILLING TO DO LARGE VTB! (id:45745)
|Property Type||Vacant Land|
|Basement Development||Not Applicable|
|Basement Type||Unknown (not Applicable)|
|Utility Water||Municipal Water|
|Sewer||Municipal Sewage System|
|Size Depth||101 Ft ,3 In|
|Size Frontage||69 Ft ,6 In|
|Size Total||0.16 Ac|
|Size Total Text||0.16 Ac|
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Tarek El Attar