Overbook - Castleheights And Area, ON K1K 1M7,274 DONALD ST

$799,900

Est. payment /mo

$799,900

Est.Price: ?

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274 DONALD ST Overbook - Castleheights And Area, ON K1K 1M7

SOLD DATE : 03/27/2024

Key Details

Sold Price $799,900

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID X9432818

Sold Date 03/27/24

Annual Tax Amount $4,596

Tax Year 2023

Property Description

Flooring: Carpet W/W & Mixed, The value here is NOT the 2+2 Bedroom duplex. The value here IS in that this is one of the largest lots in the neighborhood at 71 X 116 feet with R4N zoning! Plenty of room to possibly construct 9 units or more OR split the lot (approximate cost about $5000.00 to split and apply for any necessary variances?) and create two 35.5 X 116 foot R4N lots and construct up to an 8 unit building on each one! You may also be eligible for no GST on the construction of the multi family units and you may also be able to access financing through the government of Canada's building accelerator fund. There is plenty of time to confirm allowable uses and for buyers to do their due diligence as offers to be presented at 2:30 P.M. February 12, 2024 however Seller reserves the right to review and may accept pre-emptive offers.

Location

Province ON

County Ottawa

Zoning R4N

Rooms

Basement Full, Finished

Interior

Cooling Central Air

Exterior

Garage Spaces 8.0

Roof Type Asphalt Shingle

Total Parking Spaces 8

Building

Foundation Block

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Listed by RE/MAX HALLMARK REALTY GROUP

Lia Del Bonifro

Real Estate Sales Representative

+1(416) 819-7499

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