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13 BALSAM STREET
Ottawa, Ontario K1R6W6

$999,900

ID# 1376364
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)
Courtesy of KELLER WILLIAMS INTEGRITY REALTY

Listed on: February 05, 2024

On market: 282 days
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13 BALSAM STREET Ottawa

$999,900
13 BALSAM STREET
OTTAWA
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...
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Address Price Bed Bath SqFt Area Sub Area Brokerage
642 PEPPERVILLE CRESCENT Ottawa
642 PEPPERVILLE CRESCENT
 $624,900 3 3 20.98 ft X 114 ft Ottawa Emerald Meadows EXP REALTY
917 PINECREST ROAD Ottawa
917 PINECREST ROAD
 $649,000 3 2 0.1 ac Ottawa Queensway Terrance North ROYAL LEPAGE TEAM REALTY
2020 JASMINE CRESCENT UNIT302 Ottawa
2020 JASMINE CRESCENT UNIT302
 $255,000 2 1 Ottawa Beacon Hill south EXP REALTY
13 BALSAM STREET Ottawa
13 BALSAM STREET
 $999,900 - - 0.08 ac Ottawa West Centre Town KELLER WILLIAMS INTEGRITY REALTY
270 CURRELL AVENUE Ottawa
270 CURRELL AVENUE
 $849,998 3 2 52.94 ft X 100.07 ft Ottawa Westboro COLDWELL BANKER FIRST OTTAWA REALTY
40 NEPEAN STREET UNIT1601 Ottawa
40 NEPEAN STREET UNIT1601
 $438,000 1 1 Ottawa OTTAWA CENTER ROYAL LEPAGE PERFORMANCE REALTY
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