Office: 613.592.6400

Direct: 613.324.5472

253-259 YORK STREET
Ottawa, Ontario K1N5T9

$17,950,000

ID# 1391163

Unknown Hot water radiator heat Radiant heat

Discover opportunity with this 38-unit (37-res, 1-comm) portfolio that offers tremendous upside: 16-unit development ready with site plan and zoning approval, 14 vacant suites ready for renovation and further units turning over Sep’24. Projected NOI $831,303 with significant room to grow with future development. Drive increased revenue through immediate renovations to 14 strategically vacant units ready for your vision. An additional 14 units are slated for turnover in September 2024 which. Necessary approvals obtained, you are ready to add 16 units, including 2 two bedroom and 14 studio suites. With a diverse unit mix, high demand location, and clear pathways for value enhancement, this portfolio promises stable cash flow and substantial returns. The complete vision of York and Nelson is yours to create. Development documents available upon request. All units have individual hydro meters. Financials and full building tour available upon conditional sale. (id:43993)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of SLEEPWELL REALTY GROUP LTD

Listed on: May 17, 2024

On market: 40 days

Cooling Type	Unknown
Heating Type	Hot water radiator heat, Radiant heat
Heating Fuel	Natural gas
Stories Total	3

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CONTACT LISA TODAY

Get In Touch

Lisa Fitzpatrick ABR, SRS

Sales Representative

Office: 613.592.6400

Direct: 613.324.5472

info@lisafitzpatrick.ca

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253-259 YORK STREET Ottawa, Ontario K1N5T9

Unknown Hot water radiator heat Radiant heat

YOU MIGHT ALSO LIKE THESE LISTINGS

256 MEADOWBREEZE DRIVE Ottawa $2,500 Beds: 2 Baths:3 Sq Ft:ArrayLisa Fitzpatrick | Sales Representative

699 PAUL TERRACE Rockland $2,500 Beds: 4 Baths:2 Sq Ft:ArrayLisa Fitzpatrick | Sales Representative

2755 COUNTY RD 1 ROAD Mountain $699,000 Beds: 4 Baths:3 Sq Ft:ArrayNatalie Sobhie

408-410 ALLEN BOULEVARD Ottawa $849,900 Beds: Baths: Sq Ft:ArrayEric Longpre

72 OTTERIDGE DRIVE Renfrew $799,900 Beds: 4 Baths:3 Sq Ft:ArrayBrenden Scott

955-957 VICTORIA STREET L'Orignal $475,000 Beds: Baths: Sq Ft:Eric Longpre

805 CARLING AVENUE UNIT3206 Ottawa $655,000 Beds: 1 Baths:1 Sq Ft:Yanping Mai

81-81.5 ABBOTT STREET Brockville $359,900 Beds: Baths: Sq Ft:ArrayCHRIS EVELAND

388 BERKLEY AVENUE Ottawa $995,000 Beds: 4 Baths:2 Sq Ft:ArrayJacqueline Stacey

260 BRITTANY DRIVE UNIT404 Ottawa $369,900 Beds: 2 Baths:1 Sq Ft:ArrayHayley Vaughan

1564 Scottanne Street Ottawa $1,100,000 Beds: 4 Baths:3 Sq Ft:Hayley Vaughan

9A KING STREET Richmond $749,900 Beds: 4 Baths:3 Sq Ft:Heidi Bohart | Sales Representative

644-656 DE L'EGLISE STREET Ottawa $3,800,000 Beds: Baths: Sq Ft:Hamid Riahi

1502 THOMAS ARGUE ROAD Carp $15 Beds: Baths: Sq Ft:4600 sqftSean Downey | Sales Representative

2482 DWIGHT CRESCENT Ottawa $698,000 Beds: 4 Baths:2 Sq Ft:ArrayJeffrey Usher

15 FINDLAY AVENUE UNIT206 Carleton Place $314,800 Beds: 2 Baths:1 Sq Ft:ArrayLynn Vardy

30 CLEOPATRA DRIVE Ottawa $2,000,000 Beds: Baths: Sq Ft:ArrayJosh Eyking

704 FAIRLINE ROW Ottawa $656,950 Beds: 3 Baths:3 Sq Ft:ArrayAnthony Cava | Broker

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307 ARDMORE STREET Ottawa $1,158,800 Beds: 7 Baths:6 Sq Ft:ArrayJeff Matheson

102 LAURIER STREET Casselman $450,000 Beds: 5 Baths:2 Sq Ft:Matt Gibbs

12 JAMES STREET Petawawa $409,900 Beds: 3 Baths:1 Sq Ft:ArrayChrissie McMillan

275 WALL ROAD Ottawa $999,000 Beds: 2 Baths:1 Sq Ft:Pierre Legault

121 MANDALAY STREET Orleans $824,777 Beds: 3 Baths:4 Sq Ft:ArrayMichel Voisine

1031 PLANTE DRIVE Ottawa $894,900 Beds: 4 Baths:4 Sq Ft:ArrayRyan Rogers