Listing

Ottawa, ON K1B3L3 1364 AURELE STREET

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  • MLS# 1374727
  • 01/23/2024
  • Request Tour
  • Request Info
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

David Ballantyne

Real Estate Representative
Price $1,549,000
MLS#1374727
List Date 01/23/2024
Property Type Land
Phone 613.518.5038
Request Tour
Request Info
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