67 Days on Market

1592 TENTH LINE Rd, Ottawa, Ontario K1E 2H8

$1,512,000
Get pre-approvedPowered by Rocket Mortgage
Townhouse
-
-
- sqft

Contact us about this property

Call

Highlights

Estimated Value$723,000*

Price/Sqft-

Days On Market67 days

Est. Mortgage$6,493/mth

Tax Amount (2023)$5,657/yr

*Last updated on: 24/08/04

Description

Location, location, location! Welcome to 1592 Tenth Line Road, an exceptional real estate opportunity in Orleans! Fourplex, with three of its units currently tenanted, provides immediate income - $38,201 NOI while you wait to develop in the near future! It's important to note that the fourplex is being sold in"as is" condition, as the true value of this offering lies in the development potential the lot holds. Site plan for the construction of 27 one-bedroom units across two buildings, with underground parking. This strategically located development lot offers great potential for investors and developers seeking to create a thriving multi-residential community. One of the most compelling aspects of this property is its prime location. It is conveniently situated near essential amenities such as the Ray Friel Rec Complex, groceries, & shopping, making it an attractive option for future residents. Contact me for more information & to explore the full development package of this property.


Property Details

Style4 Plex
View-
Age of property1962
SqFt-
Lot Size1,476 SqM(32.26 x 45.77)
Parking Spaces4
MLS ®Number1393702
Community NameOrleans Queenswood Heights
Data SourceOREB

Features

Heating: Baseboard,Forced Air
Basement: Full, Fully Finished

Features

Lot size: 1,476 SqM

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Now
Listed for$1,512,000
67 days on market
history photo preview7
Now
Listed for$1,512,000
67 days on market
history photo preview7
Listed for$1,750,000Terminated
— days on market
history photo preview8
Sign Up

Have an account?Log In

Property listed by EXP REALTY, Brokerage

Get up to 1% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home

Schools and amenities

Estimated Budget