309 Currell Avenue

ALL UNITS VACANT--why inherit tenants with below market rents?! Large lot with R4 zoning--so much potential and upside to this property. Rare opportunity to select you own tenants and set your own rents! Excellent multi unit investment opportunity for the savvy investor searching for cash flow or the smart buyer wanting to live in one unit and rent out the other 2 to offset the mortgage. This well-maintained, purpose built triplex is located in the highly desirable Westboro neighbourhood- just 7km southwest of downtown Ottawa. Offering 3 self contained units: TWO upper units with identical layouts, each feature 3 bedrooms, 1 bathroom, eat in kitchen, open-concept living/dining areas, with birch hardwood flooring(under carpet in unit 3); ONE lower partial above grade unit features 2 bedrooms, 1 bathroom, eat in kitchen, open concept living/dining room, gas fireplace and hardwood floors. Why assume legacy tenants at below market rates? This multi unit offers complete VACANT possession allowing the buyer to select their own tenants and set their own rents! Some of the features of the building include: separate hydro meters, hot water tanks, plenty of parking, each unit also has a separate enclosed side entrance leading to common coin operated laundry and to the outdoors; large fenced backyard with landscaping and patio, furnace (2022), PVC fence (2023), roof (2017). Near trendy shops, cafés, and restaurants and close to best rated schools--Broadview, Churchill, Hillel, and Nepean. Excellent public transit and quick access to major roads make commuting virtually effortless. The amenities and lifestyle that this unbeatable location offers make this triplex very appealing to potential tenants. Average rents for a 3br/1ba $2500, average rents for 2br/1ba $2000= $84,000/yr gross(numbers are averages). Don't miss this one, book a showing today. Some photos virtually staged. Preapproval letter required with all offers.