340 POULIN AVENUE, Ottawa, Ontario, K2B5V1 Ottawa ON CA

CAD 799,000
For Sale MLS: 25288586

Property Details

Bedrooms

2

Bathrooms

2

Neighborhood

Britannia

Basement

Not Applicable, Unknown

Property Type

Vacant Land

Description

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:1937) Find out more about this property. Request details here

Location

Address

K2B 5V1, Ottawa, Ontario, Canada

City

Ottawa

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