Builder and developer opportunity in the heart of West Centretown. 141 Percy St is a CM1-zoned brick duplex on a 272 sq m (50x58 ft) lot offering many permitted mixed-use/commercial uses, steps from Somerset West, Little Italy, and the Gladstone commercial corridor. Existing property (1,476 sq ft above grade / 4 bed / 2 bath / 2 kitchens across two self-contained units) generates holding income while you plan: market rents support $1,900-2,100/unit plus $170+/space/month on 4 private drive spaces ($8,160+/yr parking). Offered by the Estate at $899,900 - as-is, where-is, vacant possession, probate complete, flexible closing. Buyer to verify zoning, permitted uses, and development potential independently. 24-hour irrevocable on all offers.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
1476 sq. ft. Square Feet
Total Area:
1,476 sq. ft.137 m2
Lot Depth:
58'17.7 m
Lot Frontage:
50'15.2 m
Lot Shape:
Square
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
CM1
Heating type:
Gas Forced Air Open
Survey Available:
No
Garage:
None
Parking Spaces:
4
Possession Details:
VACANT
HST Applicable To Sale Price:
Included In
Assessment:
$500,000
Assessment Year:
2025
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$6,894 /
2026
Assessment:
$500,000.00 /
2025
Ottawa
Ottawa Centre
4103 - Ottawa Centre
Public Transit
HWT w/Enercare
2x Stove, 2x Fridge, washer, dryer, all curtains (excl. LR curtains), all curtain rods, furniture remaining at closing may be included
Sectional sofa + table lamp (main floor LR), soft stage decorations, basement and shed contents, living room curtains, personal belongings
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