Current structure is a double: two semi detached houses with no lot severance. Property had a fire years ago and needs a significant amount of restoration. Engineer’s report on file which states the foundation is in good standing. Report available to interested parties. Possibility to restore existing structure or build a similar structure on existing foundation. Zoning is R4UD which allows for multiple uses. Some Uses include:
3 storey to 4 storey semi-detached properties, and low rise apartment building are also allowed uses in this zoning designation. Fotenn Planning and design has provide a report on the property which deems it’s highest and best use a low rise apartment building. This report also speaks to potential to build a structure with two semi-detached units consisting of 3 stories and approximately 3000 square feet each. Fotenn Planning Report available upon request.
Opportunity to infill and help solve Ottawa’s inventory issues. Ottawa East Development is booming. Recent city approved development of a low rise apartment building with 16 units directly Across the street from this property. This Ottawa east development lot is a great opportunity to invest. With a high probability of City Approval for Fotenn’s suggested use, and possibly more. Architectural drawings on file: concept site plan and floor plans. These concept drawings along with elevation rendering available upon request. Contact Listing Agent For more information.
For more properties like this: https://davepowerhouserealty.com/properties/