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205 GLEBE AVENUE
Ottawa, Ontario K1S2C8

$1,900,000

ID# 1400017

ABOUT THIS PROPERTY


DEVELOPMENT PROPERTY. Legal Triplex with three tiered side balconies, on corner of Glebe Ave and Percy. Being marketed as an income property with development potential. Currently R3P zoning, but with new City of Ottawa plan, will be N3B zoning. Perfect for the developer who wants to sit on the property, with an income, until the new zoning is approved. A corner lot, like this, is perfect for the new city density expansion. Seller does not want showings to disturb the tenants. Attachments are Rent Roll, Compliance Report, Confirmation of zoning. The possibilities are endless. 48 hour irrevocable on any offer. Interior viewing and inspection after an accepted offer. Boiler - approx. 5 years old. Roof - approx. 10 years old. No asbestos or uffi to the owner's knowledge. Knob and Tube wiring throughout. (id:25961)

PROPERTY DETAILS


Year Built 1920
Cooling Type Window air conditioner
Flooring Type Mixed Flooring, Hardwood
Heating Type Hot water radiator heat
Heating Fuel Natural gas
Stories Total 3

Property Type


Multi-family
Courtesy of ENGEL & VOLKERS OTTAWA

Listed on: July 08, 2024

On market: 61 days

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