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79 FLORENCE STREET
Centretown Ottawa K1R 5N1

$2,355,000
Multi-family built: 1890

Main Photo: 79 FLORENCE STREET in Ottawa: Multi-family for sale : MLS®# 1359356
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
1359356
Year Built:
1890
Extremely unique larger property with endless possible future uses and incredible architectural details on a huge 7502 square foot lot (69' frontage x 109' depth) in a premium location. This all brick legal duplex has established child day care operating on main and second levels with the tenant paying for unit hydro, building natural gas, water and snow removal. Owner occupies an updated modern 2 bedroom suite with rooftop terrace on the third level with owner paying for hydro in upper unit (current financial returns are below FMV). One of very few lots in Centretown with 2 laneways of this size. Zoning is R4T, Minor Institutional 1A allowing a number of future uses incl office, daycare, etc. Newer boiler, 2 electrical meters, high basement, expansive yard, 2 legal laneways and potential to be more units or commercial + residential post redevelopment. Showings evening 7pm to 9 pm and weekends only. Kindly do not walk property without showing confirmation. (id:2493)
Property Type:
Multi-family
Transaction Type:
For sale
Lease Type:
Net
Zoning:
R4 - I1A
Community:
Centretown
Amenities:
Public Transit, Recreation Nearby, Shopping
Features:
Flat site
Building Type:
Duplex
Structures:
Porch
Utilities:
Fully serviced - Available
Age:
134 years
Construction Material:
Masonry
Cooling:
Central air conditioning
Exterior Finish:
Brick
Fireplace:
No
Floor finish:
Hardwood, Tile
Foundation:
Poured Concrete
Heating:
Hot water radiator heat
Heating Fuel:
Natural gas
# Storeys:
3.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Full (Unfinished)
Basement Development:
Unfinished
Land Amenities:
Public Transit, Recreation Nearby, Shopping
Current Use:
Development residential
Fence Type:
Fenced yard
Lot Frontage:
69'
Lot Depth:
109'
Acreage:
No
Lot Size:
69 ft X 109 ft
Lot Details:
69 ft X 109 ft
Total Parking Spaces:
6
Parking Type:
Surfaced
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Listed by ROYAL LEPAGE PERFORMANCE REALTY
Data was last updated February 28, 2024 at 02:15 PM (UTC)
Area Statistics
Listings on market:
98
Avg list price:
$1,375,390
Min list price:
$595,000
Max list price:
$3,999,000
Avg days on market:
64
Min days on market:
1
Max days on market:
237
These statistics are generated based on the current listing's property type and located in Ottawa. Average values are derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.