Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

322-324 Queen Mary Street, Overbrook - Castleheights and Area, ON K1K 1W9 (Lola Street)
$ 825000 - MLS : X12932772

From Our Gallery

Description

CASH FLOWING legal rooming house on two adjacent, south-fronting lots offered together in one of Ottawa's fastest-growing urban cores. Providing significant holding income while you navigate the site plan process in the case of future development. 14 rooms each rented for $520/month+. Zoning supports high-intensity residential (apartments, stacked towns, or low-rise). Unbeatable location. Maximize your footprint by combining these separate titles or keep them independent for future resale flexibility.

Location Description

Lola Street

Property Detail

Community: 3502 - Overbrook/Castle Heights
Property Type: Tenant/Residential Freehold
Bedrooms: 14
Bath: 2
Garages: None
Annual Property Taxes : $ 6467

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Poured Concrete
Counstruction Material : Brick
Total Parking Space : 4
Parking Type : None

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: ROYAL LEPAGE INTEGRITY REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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