Ottawa, ON K1T1A4 3653 ALBION ROAD

Developers Note 14,510 sq. ft. lot. This is a fantastic location for a multi-unit building, short walk to Bank St. and amenities. Nearby public transit includes the O-Train & LRT southern extension. Note huge lot is 75’ X 210’. Primary uses include A) tear it down and build large forever home like others on Albion Rd or B) tear it down and build multiple units on the lot. Current R2 zoning permits 2 units with opportunity to add SDU’s to create 4 units. Proposed new N zoning indicates that 20 units can be constructed on this lot size of 14,510 sq. ft. subject to height restrictions and setbacks. This is an Estate Sale being sold “As is Where is”, buyers to do their due diligence. Note the vacant lot abutting this property has recently had a variance and subdivided into 6 lots of 25 ft. each. This lot has great development possibilities. The existing bungalow is perfectly livable. Put tenants in place while going through zoning and permit process. See MLS #1409649 for house details. (id:7434)