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Team Realty

340 POULIN AVENUE

Ottawa, Ontario K2B5V1

$850,000

ID# 1306293
PERMIT READY PROJECT on corner lot in trendy walkable Britannia Bay. Steps to the yacht club, beach, grocery (300m), and LRT (700m). 100' of frontage along Conn street. Includes rentable single family home. Severances and drawings in place for a cash flowing four unit (two semis with basement units). Projected net income: $101,000. Projected gross construction margin: $295,000. 5-year IRR > 20%. Yield on cost > 5.5% *ALL DRAWINGS INCLUDED*. Second position *VTB AVAILABLE*. (id:25961)
Courtesy of SUTTON GROUP - OTTAWA REALTY

Listed on: July 28, 2022

On market: 18 days
Bathroom Total 0
Half Bathrooms Total 0