Added 2 weeks ago
-
Type: Investment
-
Property Type: Commercial
-
Business Type: Apts-13 To 20 Units
-
Zoning: LC1[2262]
-
Age: No Data
-
Taxes: 25964.98
-
MLS®#: X11823991
-
Days on Site: 8 Days
-
Added: Dec 02, 2024 (2 weeks ago)
-
Updated:
-
Last Checked: 3 hours ago
-
Listed By: DISTRICT REALTY CORPORATION
This exceptional multi-family building is located in Sandy Hill, a charming and historic neighborhood in downtown Ottawa. The property features 14 bachelor units and one spacious four-bedroom apartment. Situated just 400 metres from the University of Ottawa, it benefits from a steady demand for rentals from students and professionals alike. Residents will enjoy a prime location within walking distance of restaurants, museums, parks, and the lively ByWard Market. Essential amenities, including grocery stores, LCBO, Shoppers Drug Mart, Anytime Fitness, and Starbucks, are all just a short walk away. This property offers investors a rare chance to secure consistent, stable, and long-term cash flow in one of Ottawa's most desirable areas. To book a showing call 613-759-8383. 48 hours notice required.
Property
Status: Sale
Type: Apts-13 To 20 Units
Property Type: Investment
Property Type: Apartment
Net Income: 172076
Area: Lower Town - Sandy Hill
Community: 4003 - Sandy Hill
Availability Date: not applicable
Inside
Air Conditioning: N
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2023
Tax Legal Description: PT LT 19, PL 6 , N/S LAURIER AV, AS IN CR545597 ; T/W CR545597 ;
Taxes: $25,965
Expenses: Est
Management Expense: 11393
Insurance Fee: 12200
Operating Fees: 96003
Other Expenses: 22376
Taxes Type: Annual
Taxes: 27034
Tax Year: 2024
Land
Cross Street: Nelson Street
Municipality District: Lower Town - Sandy Hill
Parcel Number: 042110257
Lot Depth: 87.39 Feet
Lot Frontage: 65.96 Feet
Zoning: LC1[2262]
Commercial Specific
Total Area: 3900
Total Area Metric: Sq Ft
Lot Code: Building
Vacancy Allowance: 2708
Gross Income/Sales: 270787
Viscount Alexander Public School
Elementary: PublicÉcole élémentaire catholique Sainte-Anne
Elementary: CatholicYork Street Public School
Elementary: PublicElgin Street Public School
Elementary: PublicÉcole élémentaire publique De la Salle
Elementary: PublicÉcole élémentaire publique Francojeunesse
Elementary: PublicUrban Aboriginal Alternate High School
Secondary: PublicRichard Pfaff Secondary Alternate Site
Secondary: PublicImmaculata High School
Secondary: CatholicÉcole secondaire publique De La Salle
Secondary: PublicLisgar Collegiate Institute
Secondary: PublicGlebe Collegiate Institute
Secondary: Public
- 0 bath
- 0 bed
245 Rochester Street, West Centre Town, Ontario • K1R 7M9 • 4205 - West Centre Town
- 0 bath
- 0 bed
234-246 DALHOUSIE Street, Lower Town - Sandy Hill, Ontario • K1N 7E2 • 4001 - Lower Town/Byward Market
- 0 bath
- 0 bed
390 MCARTHUR Avenue, Vanier and Kingsview Park, Ontario • K1L 6N6 • 3404 - Vanier
- 0 bath
- 0 bed
185 HENDERSON Avenue, Lower Town - Sandy Hill, Ontario • K1N 7P7 • 4004 - Sandy Hill
- 0 bath
- 0 bed
290 BOOTH Street, West Centre Town, Ontario • K1R 7J7 • 4204 - West Centre Town
- 0 bath
- 0 bed
238 LAURIER Avenue East, Lower Town - Sandy Hill, Ontario • K1N 6P2 • 4004 - Sandy Hill
- 0 bath
- 0 bed
17 MARLBOROUGH Avenue East, Lower Town - Sandy Hill, Ontario • K1N 8E6 • 4004 - Sandy Hill
- 0 bath
- 0 bed
1/2-432 PRESTON Street, Dows Lake - Civic Hospital and Area, Ontario • K1S 4N4 • 4502 - West Centre Town
- 0 bath
- 0 bed
340-342 SHAKESPEARE Street, Vanier and Kingsview Park, Ontario • K1L 5M2 • 3402 - Vanier
- 0 bath
- 0 bed
353-355 DALHOUSIE Street, Lower Town - Sandy Hill, Ontario • K1N 7G1 • 4001 - Lower Town/Byward Market
- — bath
- — bed
4 RANGE Road, Lower Town - Sandy Hill, Ontario • K1N 6R4 • 4004 - Sandy Hill