322-324 Queen Mary Street, Overbrook - Castleheights and Area, ON K1K 1W9 (Lola Street)

Price : $825,000.00 , MLS®# : X12932772

Description

CASH FLOWING legal rooming house on two adjacent, south-fronting lots offered together in one of Ottawa's fastest-growing urban cores. Providing significant holding income while you navigate the site plan process in the case of future development. 14 rooms each rented for $520/month+. Zoning supports high-intensity residential (apartments, stacked towns, or low-rise). Unbeatable location. Maximize your footprint by combining these separate titles or keep them independent for future resale flexibility.

Location Description

Lola Street

Property Details
  • Community: 3502 - Overbrook/Castle Heights
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 14
  • Bath: 2
  • Garages: None
  • Annual Property Taxes : $ 6467
Building Features
  • Foundation Type: Poured Concrete
  • Counstruction Material : Brick
  • Total Parking Space : 4
  • Parking Type : None
Building Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 35.55 sq.ft
  • Land Depth: 85.2sq.ft

Listing Contracted With: ROYAL LEPAGE INTEGRITY REALTY