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318 Cyr Ave

Ottawa, ON, K1L 7N7
MLS® #: 1176336
Moe McIlwain, RE/MAX Hallmark Realty Group

$529,900

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N/A bed|N/A bath|N/A sqft

Date Listed: Tue, Nov 26, 2019

Property Tax: $1,432 (2019)

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318 Cyr Ave

Ottawa, ON, K1L 7N7

$529,900

N/A bed|N/A bath|N/A sqft

Estimated Mortgage Payment: $0/Monthly

MLS® #: 1176336
Moe McIlwain, RE/MAX Hallmark Realty Group

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Property Description

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!

Details

Property Type: Vacant Land
Property Tax: $1,432 (2019)
Fees: N/A
Last Updated: Tue, January 21, 2020
Possession: TBA
Property Subtype: Lots/Acreage
Property Type Detail: Lots/Acreage

Key Facts

MLS® #: 1176336
Ownership-Type: N/A
Date Listed: Nov 26, 2019
Lot Size: 64.01 X 96.00
Occupancy: N/A
Total Acres: 0.14
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RE/MAX HALLMARK REALTY GROUP

Kanata, ON

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Data was last updated Tuesday, January 21, 2020 at 1:40:47 AM
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RE/MAX HALLMARK REALTY GROUP

Kanata, ON

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