Description

Investors and Developers take note! Prime investment opportunity on a 40.17' x 71.90' corner lot in the HEART of West Centre Town. Walk to Little Italy where you'll enjoy countless restaurants and cafes. Steps from Dow's Lake, Chinatown, LeBreton Flats, LRT & Transit, the Glebe, parks, schools, Carleton U, Civic Hospital & Heart Institute, highway 417 and much more. Multi unit offering the flexibility of immediate rental income until you are ready to develop. According to the City of Ottawa - this lot could potentially allow for low rise apartments, up to 8 units. Further, it may allow for commercial on the main level with residential on top.**All zoning and development options are subject to approvals by the City of Ottawa. Buyer to verify** Maintained by the same owners for almost 40yrs and only 15 minutes to the Byward Market, U of O, Parliament Hill and the Downtown Core only adds to its appeal. If you are looking to invest in a vibrant, desirable and culture rich neighborhood, this one is for you! (id:39198)