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168-174 Murray St

0.16 Acres of Residential Land Offered at $1,658,897 USD in Ottawa, ON K1N 5M8

Investment Highlights

  • Located in the heart of downtown Ottawa
  • Exciting development project for a 20-unit apartment complex with a mix of 3, 2, and 1 bedrooms
  • Turnkey construction opportunity
  • Prime location, walking distance to the University of Ottawa
  • All plans, renderings, and building permits paid for by the seller
  • Walking distance to the Rideau Center, grocery stores, entertainment, and nightlife

Executive Summary

Step into the heart of downtown Ottawa and envision the potential of 168-174 Murray Street. This prime location is the
canvas for an exciting project: a 20-unit apartment complex boasting a mix of spacious 3-bedroom, cozy 2-bedroom, and chic
1-bedroom units available for rent. With all plans, renderings, site plans, and building permits fully paid for by the seller, this
turnkey opportunity makes construction a breeze for the new buyer. Seize the chance to bring this vision to life and be part of
shaping the future of urban living in Ottawa's vibrant downtown core.

Property Facts

Price $1,658,897 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.16 AC

1 Lot Available

Lot

Price $1,658,897 USD
Price Per AC $10,368,109 USD
Lot Size 0.16 AC

Land meant for development for a 20-unit apartment complex.

Description

Step into the heart of downtown Ottawa and envision the potential of 168-174 Murray Street. This prime location is the canvas for an exciting project: a 20-unit apartment complex boasting a mix of spacious 3-bedroom, cozy 2-bedroom, and chic 1-bedroom units available for rent. With all plans, renderings, site plans, and building permits fully paid for by the seller, this turnkey opportunity makes construction a breeze for the new buyer. Seize the chance to bring this vision to life and be part of shaping the future of urban living in Ottawa's vibrant downtown core.

Walk Score ®
Walker's Paradise (100)
Transit Score ®
Excellent Transit (89)
Bike Score ®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R4T (Residential Fourth Density Zoning)
R4T (Residential Fourth Density Zoning)
  • Listing ID: 32891619

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 168-174 Murray St, Ottawa, ON K1N 5M8

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