Ottawa, 174 ETHEL Street - For Sale, $810,000

$810,000 Sale

Listed 91 days ago

174 ETHEL Street

MLS® 1358482 Lots/Acreage

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Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$3,788/mo

Property Taxes

$5,051/yr

Key Facts

Key facts for 174 ETHEL Street

Property Type

Lots/Land

Parking

MLS #

1358482

Size

Basement

Listed on

Lot size

50 x 95

Tax

$5,051 /yr

Days on Market

Year Built

Maintenance Fee

Description

An investors golden opportunity awaits with this ready-to-go building project offering the potential for a 6-unit building! With plans & permits, this property allows you to dive into construction without delay. NOTE: An artist's rendering gives a glimpse of the planned building, minor variances mig...ht allow for more units. Projected Rents are as followed: 1-1bedroom for $1650/mo and 5-2 bedroom units, $2350/mo = $160,800 gross income / yr... with Projected Operating expenses $38500/yr with NOI of $122,300/yr or 4.5% cap rate. Situated near a plethora of amenities, recreational facilities & cultural landmarks, the New Edinburgh Community & Art Centre the allure of this location extends beyond its immediate surroundings. Just a stone's throw away lies the iconic Byward Market, Global Affairs Canada, restaurants & cafés, shopping & so much more! This property also offers an easy access to the Alexandra & Macdonald-Cartier bridges facilitating seamless connectivity to neighboring areas.

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Full Property Details

Exterior

Depth

95.00

Front

49.50

Acreage

0.1070

Lot Size

50 x 95 ft

Total Parking Spaces

Garage Spaces

Zoning

R4E

Depth

95.00

Front

49.50

Acreage

0.1070

Lot Size

50 x 95 ft

Total Parking Spaces

Garage Spaces

Zoning

R4E

Building Description

Property Type

Lots/Acreage

Home Type

Lots/Land

Subtype

Lots/Acreage

Sewers

Sewer Not Connected

Water Supply

Municipal

Property Type

Lots/Acreage

Home Type

Lots/Land

Subtype

Lots/Acreage

Sewers

Sewer Not Connected

Water Supply

Municipal

Community

Vanier

Community

Vanier

Taxes & Fees

Taxes

$5,051 /yr

Tax Year

2022

Taxes

$5,051 /yr

Tax Year

2022

Other

Directions

South side of the Ethel Street between Hannah and Baribeau

Directions

South side of the Ethel Street between Hannah and Baribeau

Dave L. Strutt & Gabriel Bourque