Size
-
Lot size
-
Street frontage
-
Possession
Immediate
Price per sqft
$300 - $360
Taxes
$6,919 (2024)
Parking Type
-
Style
2-Storey
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Description
INVESTMENT OPPORTUNITY! Six-unit apartment building in a great central location close to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All units are spacious 1-bedroom apartments. Current rents: Apt. 1 - $1,010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1,350 (recently re-rented at market rate), Apt. 6 - $885. Rents are below market value for all units except Unit 5, which was recently rented at market rate. The other units are similar in size and layout. Seven hydro meters- 5 of the tenants pay for their hydro. Coin laundry in the basement (currently not in use). The building needs TLC, but has enormous potential to be a great addition to any investor's portfolio. Major upgrades: New roof (2012), Gas boiler (2012).
Broker: RIGHT AT HOME REALTY
MLS®#: X12029893
Property details
Parking:
2
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
2500-3000 sqft
Lot front:
57 Ft
Lot depth:
64 Ft
Listed on:
Mar 19, 2025
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Instant estimate:
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$44,192
higher than listed pricei
High
$991,296
Mid
$944,092
Low
$896,887