Listing
Ottawa, ON K1B3L3 1364 AURELE STREET
$1,549,000
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- MLS# 1374727
- 01/23/2024
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Presented By: Eric Longpre with Re/Max Absolute Realty Inc. ; Leila Nourishad
Home Details
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:27)
Presented By: Eric Longpre with Re/Max Absolute Realty Inc. ; Leila Nourishad
Interior Features for 1364 AURELE STREET
Other Interior Features
Basement Not Applicable
Basement TypeUnknown
Fireplaceno
General for 1364 AURELE STREET
Amenities NearbyPublic Transit, Recreation Nearby, Shopping
Current UseDevelopment residential
FeaturesFlat site
Garageno
NeighbourhoodPineview
Parkingno
Pool Y/Nno
Property Sub TypeVacant Land
Property TypeVacant Land
SewerMunicipal sewage system
TermsSALE
Wheel Chair Accessno
ZoningR2N
Exterior for 1364 AURELE STREET
Lot Frontage114.8
Waterfrontno
Additional Details
![](https://dtzulyujzhqiu.cloudfront.net/royallepageteamrealty2056/profiles/1699299349_1117875.jpg)
David Ballantyne
Real Estate Representative
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