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Home ON Ottawa - Gatineau Clarence-Rockland
1465 DAVID STREET
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1465 DAVID STREET $2,170,000
$2,170,000
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1465 DAVID STREET
Rockland, Ontario K4K1K7

MLS® Number: 1391936

Listing Description

Build your next multifamily rental project next to the beautiful Rockland Golf Course within a new luxury residential subdivision starting construction Fall of 2024. Zoning is approved for medium density. A concept site-plan illustrates two 18-unit residential buildings (16 two bedroom units & 2 one bedroom units in each building) for a total of 36 units with 16 underground parking spaces per building plus 12 shared surface parking spaces. The new subdivision will have 234 units (100 towns, 122 Apts, & 12 condos). The listing price of $2,070,000 reflects a value of $1,085,000 per building lot being sold as one block. The projected market value of each completed building is greater than $6,950,000 based on the income approach. Roadways, sewer, water, hydro and gas services will be provided to the lot line by the Seller. Includes geotechnical, environmental and traffic studies. File for site-plan and go. Full architect drawings for the proposed 18-unit buildings are available if desired. (28285662)

Property Summary

Property Type
Vacant Land
Neighbourhood Name
TOWN OF ROCKLAND
Title
Freehold
Land Size
1.03 ac
Annual Property Taxes
$0
Time on REALTOR.ca
53 days

Land

Lot Features
Frontage
321 ft ,3 in
Land Depth
140 ft ,2 in
Other Property Information
Access
Road access
Zoning Description
R3 - multifamily
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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