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$2,900,000
Available - For Sale
Listing ID: X12531178
1570-15 GOTH Avenue , Blossom Park - Airport and Area, K1T 1E4, Ottawa


210' x 300' land currently with a bungalow and a double side by side, m/m tenants.Appr 1.4 acre lot [62,688 sq ft] with numerous development possibilities.Possibility to create ~90 rental dwelling units and secure preferred CMHC financing. Current Zoning permits various lot severances along Goth Ave with no variances. The New Zoning Bylaw will allow considerably more density - 6m (18 feet) frontage for multiple attached dwellings. Concept drawings show a possible semi-detached housing plan.When they were created, they were within the density allowances of the new Official Plan. At that time the zoning minimum lot width was 30', and the maximum height was 2 storeys. With the new zoning, the minimum frontage is 18' and height increased to 3 storeys. Rows are allowed in addition to semis, and up to 32 would be permitted [not just the 24 shown]. Each row or semi could have 3 dwelling units - possibility of up to 96 dwelling units.Month to month tenants to be assumed. Please do not disturb the tenants. Do not walk the lot without an appointment. The Lot backs onto back yards on Rosebella, next to the former road allowance at the end of Mavis St.
Price $2,900,000
Taxes: $11767.00
Occupancy: Tenant
Address: 1570-15 GOTH Avenue , Blossom Park - Airport and Area, K1T 1E4, Ottawa
Lot Size: 64.01 x 297.00 (Feet)
Acreage: .50-1.99
Directions/Cross Streets: Bank Street south of Hunt Club, turn west on Rosebella. Access the south part of the property throug
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Total Area: 0.00
Property Type: Vacant Land
Drive Parking Spaces: 0
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: N
Utilities-Hydro: Y
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Freehold - Vacant Land
Area: Ottawa
Municipality: Blossom Park - Airport and Area
Neighbourhood: 2605 - Blossom Park/Kemp Park/Findlay Creek
Style:
Lot Size: 64.01 x 297.00(Feet)
Approximate Age:
Tax: $11,767
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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