Build generational wealth by developing your own 12 unit multifamily property. Experienced Planners and Builders have created this unique layout so that the end user can save upwards of $100k+ in development charges, cash-in-lieu fees, and more compared to a traditional purpose built 12-16 unit building while enjoying the same rental income. Other advantages of this design includes: no sprinkler system, available municipal garbage collection, no required accessible units, no common stairway, available on-site parking and more. The efficient design helps minimize maintenance costs and maximizes profitability for future owners, while lowering development charges and construction costs. With the new Zoning By-law amendment, there is potential to add an additional 4 units, for a total of 16 units. No site plan &/or zoning by-law amendment required. Take advantage of federal rebates as well as the available plans which can take you straight to building permit while utilizing CMHC MLI select level 3 program which offers you higher amortization and lower interest payments. Buyer to pay for development charges, and permitting fees. Plans available upon request. Available studies: TIR, Grading, Architectural, Structural layouts, and HVAC
MLS# | X9519987 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 180 |
Listing Provided By | EXP REALTY | X9519987 488700 |
Basement | Y |
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Water Front | None |
Province | ON |
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County | Ottawa |
City | Vanier and Kingsview Park |
Postal Code | K1L 7E8 |
Area | 3402 Vanier |
Listing VS Median (in K1L 7E8) | |
Price: $1,049,000 low | high Med: $5,500,000 On site: 180 low | high Med: 180.000000 |