Description

700 Coronation Ave is a 3-storey walkup apartment building located close to downtown Ottawa, Ontario. There are 31 suites, with a mix of 1 and 2-bedroom units. The property is located just minutes away from Children’s Hospital, Ottawa Train Yard retail stores, LRT , restaurants & grocery including Farm Boy. This Property is approved for an additional 35 suite development next to the pre existing building. All drawings / plans to be provided to the buyer. Great opportunity to buy as there are very large units in the existing building with lots of room to increase rents on turnover plus the potential to build in a great location. Perfect for developers , non profits and long term investors who want to purchase a solid building with future potential.

Details

TOKEN#
1347933
Status
Cancelled
Price
$7,850,000
Neighbourhood
Riverview Park
Postal Code
K1G 0M6
Property Type
Commercial
Year Built
1964
Heating
Forced Air
Heating Fuel
Natural Gas
AC Type
Window Unit
Taxes
$55,049
Tax Year
2021
Lot Size
185.00 x 244.00
Parking
32
Zoning
*R4N
Directions
417 to Riverside drive exit. Turn left on Industrial Ave , right on Neighborhood Way and left on Coronation.

Photos

Walk Score