923-949 package includes: 2 single family houses, and 4 semi detached houses. Mix of R5 and R4 zoning.

opportunity to build:

A six level 55 unit building and an 18 unit building with annual rental income projected at $1.5 million.

LOT SIZE:

183.98 x 105 foot lot 19,318 square feet

Chris Coveny (613) 238-2801 165 Pretoria Avenue Toll Free 1-877-757-7386 ,ON K1S 1X1 Email: [email protected] 55 unit building

SIDE ELEVATION (SOUTH) REAR ELEVATION (EAST) 55 unit building typical main floor unit layouts

typical layouts basement units 18 unit building

18 unit building typical unit layouts 1st-5th floors

typical unit layouts 2nd & 3rd floor 923-949 Bronson Avenue

ideal location steps to: also close to: short drive to:

Carleton University Westboro Canal Little Italy Airport Dow’s Lake Chinatown

This parcel of land on Bronson Avenue is located in the trendy, upscale neighbourhood of , which contains a mix of single family homes, townhomes & semi-detached dwellings, luxury condominiums and apartment buildings. Located directly West is Dow’s Lake, part of The , a large tourist destination during and spring’s Tulip Festival. To the south and within walking distance, is , one of Ottawa’s 2 Universities, as well as Brewer Park and the Rideau River. Newly re-developed Lansdowne Park is also located in the Glebe and is East of Bronson Avenue. It is home to the , Ottawa Fury FC and the Ottawa 67’s. It hosts concerts, farmer’s markets, and many other events and has a movie theatre, multiple restaurants, retails shops and a Whole Foods. To the North and West are the neighbourhoods of Little Italy, Chinatown and , as well as . rental projections

1) Current Design: 2) Maximize units option for larger building:

55 Unit building - R5 zoning 88 Bachelor units at $1500 monthly 4 Bachelor units at $1500 monthly $1,584,000 annual rental income 46 one bedroom units at $1800 monthly 18 unit building stays the same at $378,000 annual 5 two bedroom units at $2400 monthly rental income $100,800 monthly rental income = $1,209,600 annual $1,962,000 gross annual income rental income estimate expenses at 35% $1,275,300 net annual income 18 Unit building - R4 zoning Cap rate of 5% = valuation of $25,506,000 3 Bachelor units at $1500 monthly 15 one bedroom units at $1800 monthly $31,500 monthly rental income = $378,000 annual rental income

$1,587,000 gross annual income estimated expenses at 35% $1,031,940 net annual income Cap rate of 5% = valuation of $20,631,000 Engineering studies that have been completed:

Property land survey Phase 1 environmental site assessment Rezoning completed Landscape plan (for site plan) Arborist (tree conservation report) July 2012 M&E (fire and water) Architecture (detailed conceptuals, 3D renderings, shadow study) LEED scorecard Water supply pressure/flow capacity () Structural study Geotechnical investigation Traffic study