340 Poulin Avenue Ottawa, Ontario K2B 5V1
$799,000
PERMIT READY PROJECT on corner lot in trendy walkable Britannia Bay. Steps to the yacht club, beach, grocery (300m), and LRT (700m). 100' of frontage along Conn street. Includes rentable single family home. Severances and drawings in place for a cash flowing four unit (two semis with basement units). Projected net income: $101,000. Projected gross construction margin: $295,000. 5-year IRR > 20%. Yield on cost > 5.5% *ALL DRAWINGS INCLUDED*. Second position *VTB AVAILABLE*. (id:20425)
Property Details
| MLS® Number | 1330215 |
| Property Type | Vacant Land |
| Neigbourhood | Britannia |
Building
| Basement Development | Not Applicable |
| Basement Type | Unknown (not Applicable) |
| Fireplace Present | No |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 100 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 0.11 |
| Size Total | 0.11 Ac |
| Size Total Text | 0.11 Ac |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/25288586/340-poulin-avenue-ottawa-britannia
Interested?
Contact us for more information
John Castle
Salesperson
2148 Carling Ave., Units 5 & 6
Ottawa, ON K2A 1H1
(613) 829-1818
(613) 829-3223
www.kwintegrity.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Ottawa Real Estate Board
Keller Williams Integrity Realty
February 17 2023 11:10:57
