Axis Realty Brokerage


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109-115 Dalhousie Street Ottawa, Ontario K1N 7C1

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$1,589,900

FOUR HOMES! 2 sets of semi detached properties on a 66ft x 99ft lot! Less than 400k per semi! Two spacious 3 bed 1 bath brick semis & two 1+den 1 bath semis. Solid income but loads of room to increase rents on turnover with updating. Additional income potential from large storage shed. A fantastic buy and hold investment with huge upside from development potential! Traditional Main Street zoning allowing for a multitude of development options including plans in place for a 27 unit building. Extensive architectural plans, engineering reports & planning studies already completed for a stunning 27-29 unit building incorporating the existing structures. A great opportunity to take advantage of incentives for rental developments currently available & more to come in the near future. Located at the northern edge of the city, surrounded by sought after condo buildings & Embassies, minutes to the Ottawa River, The Byward Market, Parliament Hill & so much more, this location is second to none! (id:58072)

Property Details

MLS® Number 1376802
Property Type Multi-family
Neigbourhood Lowertown
Amenities Near By Public Transit, Shopping, Water Nearby

Building

Basement Development Unfinished
Basement Features Low
Basement Type Crawl Space (unfinished)
Constructed Date 1878
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick, Siding
Flooring Type Hardwood, Tile
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Parking

None

Land

Acreage No
Land Amenities Public Transit, Shopping, Water Nearby
Sewer Municipal Sewage System
Size Depth 99 Ft
Size Frontage 66 Ft
Size Irregular 66 Ft X 99 Ft
Size Total Text 66 Ft X 99 Ft
Zoning Description Tm12 H(14.5)

https://www.realtor.ca/real-estate/26503873/109-115-dalhousie-street-ottawa-lowertown