846 St. Laurent Blvd, Ottawa, ON K1K 3A9

Flooring: Vinyl, Remodel or redevelop. An existing two-bedroom bungalow in a great location on St Laurent Blvd. A beautiful neighborhood with several brand-new luxury infill developments adjacent to the property will elevate the value of your remodel or redevelopment project. No appliances are on-site as the home is vacant. The site is also approved for a triplex development and this sale comes with all architectural drawings. Renderings illustrate the plans. A demolition permit is also approved. Only $7,000 in municipal fees are required to secure the building permit. The design plans offer 3 spacious floors of 1,410 square feet. Each floor is a single apartment and can be configured for a one-bedroom, two-bedroom, or bachelor layout. This is a fantastic long-term investment opportunity for an owner-occupier to live in one unit and rent out the second and third units for income to offset the cost of ownership. Redevelop into a triplex, or revitalize the existing home to live in or rent.

Fully approved triplex development site for sale. This lot is available for $849,000 and comes with all the approved working architectural drawings. The successful buyer will undertake the construction at their cost. The Seller has prepared the site for construction. The demolition of the existing structure is approved and will occur this summer, 2024 at the seller's expense. The design plans offer 3 spacious floors of 1,410 square feet. Each floor is designed as an apartment easily configured for a one-bedroom, two-bedroom, or bachelor layout. This is a fantastic long-term investment opportunity for an owner-occupier to live in one unit and rent out the second and third units for income to offset the cost of ownership. The plans call for a driveway that can accommodate two vehicles parked in tandem. Several new developments on this street and the neighborhood across from and adjacent to the property. Well situated close to shopping and transit.