23 Poplar Street Ottawa, Ontario K1R 6V1

$1,400,000

Developer investment opportunity in Little Italy area. Property consists of 21 & 23 Poplar Street. 21 Poplar building contains one 3 bedroom unit & one 1 bedroom unit. 23 Poplar contains one 1 bedroom unit; one 2 bedroom unit & one 4 bedroom unit. A large garage (2300 sq. ft.) contains: parking, storage, artist studio & woodworking shop. All residential units plus shops are fully rented on a month-to-month basis to long term tenants. Current rents, including residential and garage are $87,732 annually ($7311 per month). Size of the property and the current City of Ottawa zoning permits up to 12 residential units with the possibility of additional units if severance is approved by the municipality. The property is being sold for land values only. All development information is to be confirmed and approved by The City of Ottawa and is not warranted by the Seller. Many recent residential redevelopments located in the area. Close to shopping, public transit and Lebreton Flats area. (id:42003)

Property Details

MLS® Number 1336013
Property Type Vacant Land
Neigbourhood Little Italy
Amenities Near By Public Transit, Shopping
Community Features Family Oriented
Road Type Paved Road
Structure Sidewalk

Building

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

Land

Access Type Road Access
Acreage No
Current Use Development Residential
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 107 Ft
Size Frontage 60 Ft
Size Irregular 0.01
Size Total 0.01 Ac
Size Total Text 0.01 Ac
Zoning Description R4ub

Utilities

Fully serviced Available

https://www.realtor.ca/real-estate/25442086/23-poplar-street-ottawa-little-italy

Contact Us

Contact us for more information

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Richard J. Smith
Salesperson

(613) 858-7979
www.royallepage.ca/richardsmith

Royal LePage Performance Realty
#201-1500 Bank Street
Ottawa, Ontario K1H 7Z2

(613) 733-9100
(613) 733-1450

Patricia Mcdonell
Salesperson

(613) 733-9100
patriciamcdonell.royallepage.ca

Royal LePage Performance Realty
#201-1500 Bank Street
Ottawa, Ontario K1H 7Z2

(613) 733-9100
(613) 733-1450

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