For Sale

$3,000,000.00

270-274 MONTREAL ROAD , Ottawa, Ontario K1L6C3

Remarks

Located in the heart of Vanier, this listing has excellent development potential! A Massing Study outlines the possibilities for the two lots when merged (combined frontage of 110 feet and depth of 100 feet). The study states that the property is zoned to develop a 6-storey, 31-unit mix-use building. Additional development potential above that (i.e., additional storeys) is possible under certain conditions. The property is in the Montreal Road Community Improvement Plan (CIP) district. The CIP is a grant program that provides incentives for property owners along Montreal Road to upgrade their properties. More information can be found on the City of Ottawa website. Vanier is located just a few kilometers east of downtown Ottawa. This rapidly developing area features cycling and walking paths along the Rideau River. It offers a wide range of independent shops, mainly along Montreal Road and lively Beechwood Avenue on Vaniers northern edge. Book your showing today! (id:7526)

Property Summary

  • Neighbourhood: Vanier
  • Lot Frontage: 55.3 Feet
  • Lot Depth: 99.0 Feet
  • Lot Size: 55.25 ft X 99 ft
  • No. of Parking Spaces: 6
  • Zoning: TM3

Property Features:

  • Lease Type:
    Lease Type
  • Parking Type:
    Surfaced
  • Property Type:
    Multi-family
  • Sewer:
    Municipal sewage system

Building Features:

  • Basement Development:
    Unfinished
  • Basement Type:
    Full
  • Building Type:
    Fourplex
  • Construction Style - Attachment:
    Attached
  • Cooling Type:
    None
  • Exterior Finish:
    Brick , Stucco
  • Flooring Type :
    Tile , Vinyl
  • Heating Fuel:
    Electric
  • Heating Type:
    Baseboard heaters

Listing courtesy of: 

EXP REALTY

Office Listing: 

Kevin Cosgrove , Salesperson

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