1364 Aurele Street, Ottawa Property Listing: MLS® #1374727

About 1364 Aurele Street

R2N ZONING - RARE OPPORTUNITY TO PURCHASE, SEVER AND DEVELOP INTO SEVERAL SEPARATE LOTS!! Current lot is 114.86 ft x 132.37 ft (0.349 acre). The Ontario Provincial Legislation Bill 23 now allows up to 3 units on any lot. Moreover, the city of Ottawa's new zoning by-laws are under review with the objective of removing red tape thereby potentially allowing multi-unit development. Importantly, construction of the first building can be performed without disturbing the existing dwelling. Therefore in theory, this home can be rented while designing your plans and obtaining your permits. One neighboring property was severed into 4 lots. Each lot these lots had a duplex + in-law suite constructed on it, giving this owner 12 units! Another neighbour is currently building 8 long semis w/ in-law suite for a total of 16 units in this current zoning. Lot is Walking distance to the light rail transit station, shopping mall, school, golf course & other amenities. (id:36535)

Features of 1364 Aurele Street

Listing #	1374727
Price	$1,549,000
Bathrooms	0.00
Acres	0.35
Type	Vacant Land

Community Information

Address	1364 Aurele Street
Subdivision	Pineview
City	Ottawa
Province	Ontario
Postal Code	K1B3L3

Amenities

Amenities	Public Transit, Recreation Nearby, Shopping
Features	Flat site
Is Waterfront	No
Has Pool	No

Interior

Fireplace	No
Has Basement	No

Listing Details

Office	Courtesy Of Eric Longpre and Leila Nourishad Of RE/MAX ABSOLUTE REALTY INC.