119 DALY Avenue, Lower Town - Sandy Hill | Image 1

119 DALY Avenue

Lower Town - Sandy Hill, 4003 - Sandy Hill

  • Commercial

$2,800,000
For Sale

Added 6 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: Residential

  • Age: No Data

  • Taxes: 18566

  • MLS®#: X9516451

  • Days on Site: 186 Days

  • Added: Jun 17, 2024 (6 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: EXP REALTY

Discover an extraordinary investment opportunity with this unique mixed rooming house, featuring 23 units in total. The property includes 15 bachelor units with shared amenities such as three kitchens, three full baths, and two communal living spaces, as well as 8 fully independent one-bedroom units. This configuration offers exceptional flexibility and income potential. Situated in a prime location just steps from Rideau Centre, the University of Ottawa, parks, and various attractions, it stands in one of the city's most robust rental sectors. Don't miss your chance to explore this must-see investment property, promising excellent returns in an unbeatable location.

Extras

The heating system is a boiler. 2023 Expense numbers used (Industry standard numbers used for maintenance cost)** Other in expenses are capital expenditures, telecom/phone/internet, Snow, garbage & lawn care

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 113498

  • Area: Lower Town - Sandy Hill

  • Community: 4003 - Sandy Hill

  • Availability Date: TBD

Building

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Covered Parking Spaces: 9

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 8, PL 6 , N OF DALY AV, S/T & T/W NS129521 ; OTTAWA

  • Taxes: $18,566

  • Expenses: Est

  • Management Expense: 11648

  • Insurance Fee: 12694

  • Operating Fees: 95540

  • Hydro Expense: 7303

  • Heat Expenses: 8973

  • Other Expenses: 19409

  • Taxes: 18566

  • Tax Year: 2023

  • Water Fees: 10949

Land

  • Cross Street: Laurier to Kind Edwa

  • Municipality District: Lower Town - Sandy Hill

  • Parcel Number: 042100023

  • Sewer: None

  • Lot Depth: 99 Feet

  • Lot Frontage: 66 Feet

  • Zoning: Residential

Commercial Specific

  • Total Area Metric: Acres

  • Gross Income/Sales: 209026

Map of 119 DALY Avenue, Lower Town - Sandy Hill
JK-6

Viscount Alexander Public School

Elementary: Public
1.14 km
JK-8

École élémentaire catholique Sainte-Anne

Elementary: Catholic
0.66 km
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York Street Public School

Elementary: Public
0.58 km
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Elgin Street Public School

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École élémentaire publique De la Salle

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École élémentaire publique Francojeunesse

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Urban Aboriginal Alternate High School

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Richard Pfaff Secondary Alternate Site

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Immaculata High School

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École secondaire publique De La Salle

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Pre-Grade 9-12

Lisgar Collegiate Institute

Secondary: Public
0.74 km
Pre-Grade 9-12

Glebe Collegiate Institute

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