437-439 BOOTH STREET, Ottawa, Ontario, K1R7K8

Property Description

Investors and Developers take note! Prime investment opportunity on a 40.17' x 71.90' corner lot in the HEART of West Centre Town. Walk to Little Italy where you'll enjoy countless restaurants and cafes. Steps from Dow's Lake, Chinatown, LeBreton Flats, LRT & Transit, the Glebe, parks, schools, Carleton U, Civic Hospital & Heart Institute, highway 417 and much more. Multi unit offering the flexibility of immediate rental income until you are ready to develop. According to the City of Ottawa - this lot could potentially allow for low rise apartments, up to 8 units. Further, it may allow for commercial on the main level with residential on top.**All zoning and development options are subject to approvals by the City of Ottawa. Buyer to verify** Maintained by the same owners for almost 40yrs and only 15 minutes to the Byward Market, U of O, Parliament Hill and the Downtown Core only adds to its appeal. If you are looking to invest in a vibrant, desirable and culture rich neighborhood, this one is for you! (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 5 (5 above)
• Bathrooms: 5
• Ownership: Freehold
• Attached: No
• Parking: 4 spaces (No Garage)
• Frontage: 40 ft (12.3 m)

Costs

• Annual Taxes: $6,231.00

Listing Provided by: RE/MAX DELTA REALTY TEAM
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.