1319 STITTSVILLE MAIN STREET

Ottawa, Ontario

K2S1B1
798,400
Vacant Land
Land - they aren't making anymore of it, especially density zoned parcels within walking distance of the best downtown Stittsville amenities. Investors and Builders - just imagine, owning two twenty unit apartment buildings designed and built to your personal spec, in an ideal location for future tenants to walk to groceries, pubs, MacDonalds and more. Excellent infill building site located in the growing Stittsville Main corridor. The Stittsville area is undergoing significant planned city of Ottawa improvements. Preliminary planning works and discussions with city staffing were done by the Seller which indicates up to 40 units or more are possible in two low rise buildings. Initial drawings from Seller can be provided. Limited rental competition in Stittsville. Property is currently tenanted at $1800, helping to cover your costs while you finalize your planning. Ottawa has a less than two percent vacancy and rents are growing quickly, especially for new construction rentals. (id:6355)

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THE TRADEMARKS MLS®, REALTOR®, AND THE ASSOCIATED LOGOS ARE OWNED OR CONTROLLED BY THE CANADIAN REAL ESTATE ASSOCIATION. USED UNDER LICENSE. MLS®, REALTOR®, AND THE ASSOCIATED LOGOS ARE TRADEMARKS OF THE CANADIAN REAL ESTATE ASSOCIATION.