1364 Aurele Street Ottawa, Ontario K1B 3L3
$1,549,000
R2N ZONING - RARE OPPORTUNITY TO PURCHASE, SEVER AND DEVELOP INTO SEVERAL SEPARATE LOTS!! Current lot is 114.86 ft x 132.37 ft (0.349 acre). The Ontario Provincial Legislation Bill 23 now allows up to 3 units on any lot. Moreover, the city of Ottawa's new zoning by-laws are under review with the objective of removing red tape thereby potentially allowing multi-unit development. Importantly, construction of the first building can be performed without disturbing the existing dwelling. Therefore in theory, this home can be rented while designing your plans and obtaining your permits. One neighboring property was severed into 4 lots. Each lot these lots had a duplex + in-law suite constructed on it, giving this owner 12 units! Another neighbour is currently building 8 long semis w/ in-law suite for a total of 16 units in this current zoning. Lot is Walking distance to the light rail transit station, shopping mall, school, golf course & other amenities. (id:37072)
Property Details
| MLS® Number | 1374727 |
| Property Type | Vacant Land |
| Neigbourhood | Pineview |
| AmenitiesNearBy | Public Transit, Recreation Nearby, Shopping |
| Features | Flat Site |
Building
| BasementDevelopment | Not Applicable |
| BasementType | Unknown (not Applicable) |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access |
| Acreage | No |
| CurrentUse | Development Residential |
| LandAmenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 132 Ft ,4 In |
| SizeFrontage | 114 Ft ,10 In |
| SizeIrregular | 0.35 |
| SizeTotal | 0.35 Ac |
| SizeTotalText | 0.35 Ac |
| ZoningDescription | R2n |
https://www.realtor.ca/real-estate/26439232/1364-aurele-street-ottawa-pineview
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Eric Longpre
Salesperson
238 Argyle Ave
Ottawa, Ontario K2P 1B9
Leila Nourishad
Salesperson
238 Argyle Ave
Ottawa, Ontario K2P 1B9
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May 03 2024 12:12:41
Ottawa Real Estate Board
RE/MAX Absolute Realty Inc.