318 CYR AVENUE

Ottawa, Ontario

K1L7N7
529,900
Vacant Land
Build up to 82 FEET HIGH! Incredible opportunity on a DOUBLE LOT. Vacant lot is ready to build. Zoning is R5D(H25) - which means WITHOUT a minor variance, you can build a low rise apartment dwelling up to 4 stories with a height of 25 meters (82 feet)! Maybe that's too high... OR maybe you want executive apartments or condos with 10, 12, 15, or 20 foot high ceilings. OR you can apply for a minor variance and get more storeys within the 82 feet with more units (owner said city was open to allowing 14 units or more - to be verified by buyer). Either way you cut it, it's a money maker. There is demand here and the area is RAPIDLY changing into one of the hottest area's of the city... MAKE YOUR OFFER BEFORE IT'S GONE! (id:6355)

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