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BUILD BETWEEN 30-40 UNITS WITH REZONE! Solid duplex with fantastic tenants providing passive income. Grossing $38,500/year. BEST of all it sits on a GIGANTIC lot. Get it ready for development while collecting rent/covering costs. 1184 Cummings sits on an HUGE oversized lot: 95ft X 150ft. R3V V Zoning allowing for multiple development options/severing lot. Surrounded by R5 zoning, this lot would be a perfect candidate for a zoning change to R4-R5 or TM (consult urban planner) your luck which makes it perfect for a beautiful apartment building. Information provided as suggestions and recommended to confirm with your professional team! (id:24093)
Listed by Anthony Donnelly and Tania David of ENGEL & VOLKERS OTTAWA CENTRAL

Property Details of 1184 Cummings Avenue

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"Based on information submitted to CREA as of December 2, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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