LOADING

348 Olmstead Street Ottawa, Ontario K1L 7K5

None Forced Air

$669,000

BOGO DEVELOPMENT POTENTIAL! 99 ft x 33 ft lot on the corner of Olmstead and Maple in a gentrifying area. Two duplex buildings on one lot for a total of four rental units. Zoned R4UA-c which allows a potential of up to 8 units. 2 storey duplex at corner of Maple and Olmstead with a 2 bedroom ($850/month) & 3 bedroom ($740/month) unit. Bungalow on Olmstead is an up and down duplex. 2 bedrooms ($775/month) and 2 bedrooms on lower level ($750/month). All leases are month to month. Tenants pay own hydro. 4 separate metres. Landlord pays heat (natural gas) and water. Across the street from Horizon-Jeunesse Elementary School. Steps to Loblaws on Vanier Parkway, Rideau River and transit. 24 hours irrevocable required on all offers. Showings only allowed as a condition of an accepted offer and with 48 hours notice required. (id:46679)

Property Details

MLS® Number 1290073
Property Type Multi-family
Neigbourhood Vanier
Features Corner Site
Parking Space Total 2

Building

Basement Development Not Applicable
Basement Type Full (not Applicable)
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Stucco, Vinyl
Flooring Type Mixed Flooring
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Parking

Open

Land

Acreage No
Current Use Development Residential
Sewer Municipal Sewage System
Size Depth 33 Ft
Size Frontage 99 Ft
Size Irregular 99 Ft X 33 Ft
Size Total Text 99 Ft X 33 Ft
Zoning Description R4ua-c

https://www.realtor.ca/real-estate/24359742/348-olmstead-street-ottawa-vanier

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