• 13 BALSAM STREET Ottawa
  • 13 BALSAM STREET Ottawa
  • 13 BALSAM STREET Ottawa
  • 13 BALSAM STREET Ottawa
  • 13 BALSAM STREET Ottawa
  • 13 BALSAM STREET Ottawa

$999,900

ID# X9515029

13 BALSAM STREET
Ottawa, Ontario K1R6W6

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)

INTERESTED IN THIS PROPERTY?

OFFICE: 613.725.1171

Courtesy of KELLER WILLIAMS INTEGRITY REALTY

Listed on: February 05, 2024

On market: 297 days
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate

SIMILAR LISTINGS

Address Price Bed Bath SqFt Area Sub Area Brokerage
303 - 203 CATHERINE STREET Ottawa
303 - 203 CATHERINE STREET
$579,900 2 2 Ottawa BRAD J. LAMB REALTY INC.
306 - 224 LYON STREET Ottawa
306 - 224 LYON STREET
$399,000 1 1 Ottawa HOME RUN REALTY INC.
22 STROUGHTON CRESCENT Ottawa
22 STROUGHTON CRESCENT
$759,900 4 - 57.51 x 131.7 FT ; 1 Ottawa ENGEL & VOLKERS OTTAWA
302 - 589 RIDEAU STREET Ottawa
302 - 589 RIDEAU STREET
$475,000 1 2 Ottawa INNOVATION REALTY LTD.
721 BAYVIEW DRIVE Ottawa
721 BAYVIEW DRIVE
$354,900 3 2 65.45 x 326.77 FT ; 1|1/2 - 1.99 acres Ottawa ROYAL LEPAGE TEAM REALTY
201 - 30 CHARLEVOIX STREET Ottawa
201 - 30 CHARLEVOIX STREET
$399,900 2 2 Ottawa RE/MAX HALLMARK REALTY GROUP
Search

Our Family Helping Yours


Elizabeth Stewart

REALTOR®

Royal LePage Team Realty,

1723 CARLING AVE.

Ottawa, ON

K2A 1C8

OFFICE: 613.725.1171

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.