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Home ON Ottawa - Gatineau Ottawa Pineview
1364 AURELE STREET
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1364 AURELE STREET $1,549,000
$1,549,000
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1364 AURELE STREET
Ottawa, Ontario K1B3L3

MLS® Number: 1374727

Listing Description

R2N ZONING - RARE OPPORTUNITY TO PURCHASE, SEVER AND DEVELOP INTO SEVERAL SEPARATE LOTS!! Current lot is 114.86 ft x 132.37 ft (0.349 acre). The Ontario Provincial Legislation Bill 23 now allows up to 3 units on any lot. Moreover, the city of Ottawa's new zoning by-laws are under review with the objective of removing red tape thereby potentially allowing multi-unit development. Importantly, construction of the first building can be performed without disturbing the existing dwelling. Therefore in theory, this home can be rented while designing your plans and obtaining your permits. One neighboring property was severed into 4 lots. Each lot these lots had a duplex + in-law suite constructed on it, giving this owner 12 units! Another neighbour is currently building 8 long semis w/ in-law suite for a total of 16 units in this current zoning. Lot is Walking distance to the light rail transit station, shopping mall, school, golf course & other amenities. (27813959)

Property Summary

Property Type
Vacant Land
Neighbourhood Name
Pineview
Land Size
0.35 ac
Annual Property Taxes
$4,605
Time on REALTOR.ca
165 days

Building

Interior Features
Basement Type
Unknown (Not Applicable)
Building Features
Features
Flat site
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation Nearby, Shopping

Land

Lot Features
Frontage
114 ft ,10 in
Land Depth
132 ft ,4 in
Present Use
Development residential
Other Property Information
Access
Road access
Zoning Description
R2N
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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