Royal LePage Team Realty Logo
Team Realty

294 SOMERSET STREET E

Ottawa, Ontario K1N6W1

$1,199,900

ID# 1291941
Great location! Close to Ottawa University, Rideau Centre and the Byward market! City plans have been submitted to be approved to build a modern 8 unit building approx. 5500 sq ft AG and 7200 sq ft with basement. 2 x 1 bedrooms ($1650/Monthly), 6 x 2 bedrooms ($2500/Monthly). Use the open concept floor plans and choose modern finishings. Projected GOI= $219,600. NOI = $153,720. Expenses estimated at 30%. Over $300,000 have already been paid for soft costs including all plans, permits, land tests, geo tech etc. Rendering is preliminary version proposed build. Site Plan attached. 24 hours irrevocable on all offers. (id:42873)
Courtesy of EXP REALTY
Listed on: May 13, 2022

On market: 3 days
Bathroom Total 0
Half Bathrooms Total 0