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105-109 Henderson Avenue Ottawa, Ontario K1N 7P5

$1,899,900

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. The Site Plan has been approved but is not registered and the Building Permit Approval is in the final stage with the city. 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%. Over $435,000 has already been paid for soft costs including all plans, permits, land tests, geo tech etc. Close to Ottawa University, Rideau Centre and the Byward market! Plans attached. 48 hours irrevocable on all offers. SELLER IS WILLING TO DO LARGER VTB! (id:39840)

Property Details

MLS® Number 1319029
Property Type Vacant Land
Neigbourhood Sandy Hill

Building

Basement Development Not Applicable
Basement Type Unknown (not Applicable)
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 101 Ft ,3 In
Size Frontage 69 Ft ,6 In
Size Irregular 0.16
Size Total 0.16 Ac
Size Total Text 0.16 Ac
Zoning Description R4s

https://www.realtor.ca/real-estate/24995852/105-109-henderson-avenue-ottawa-sandy-hill

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Contact us for more information


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Steve Alexopoulos
Broker

(866) 530-7737
https://www.facebook.com/MetroCityPropertyGroup/

Exp Realty
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4

(866) 530-7737
(647) 849-3180
www.exprealty.ca

Tarek El Attar
Salesperson

(613) 733-9494

RE/MAX Affiliates Capital Partners
200-1320 Carling Avenue
Ottawa, Ontario K1Z 7K8

(613) 733-9494
www.remaxcapitalpartners.com

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