1916 Belcourt Boulevard

Incredible 8 Bedroom 8 Bathroom Legal 2-Unit Investment With A 7.25% Cap Rate And $1,716 Monthly Cash Flow. Welcome To 1916 Belcourt In The Heart Of Orleans, The Centrally Located Turn-Key Property Investors Dream Of. Two Expertly Designed Units, Each With 4 Bedrooms And 4 Full Bathrooms. Yes, Even The Lower Is A 4 Bedroom Unit With Every Bedroom Hosting A Private Ensuite; Perfect For The Option Of Renting To A Household Of Students Or Young Professionals. The Result? An Absolute Cash Cow, The Best Available In Ottawa. Both Units Are Tenanted; Upper Unit To A Lovely Retired Couple For $2,378 Monthly And The Lower To A Group Of 4 Women For $2,770 Monthly. The Total Is A Phenomenal $5,148 Per Month. Goi $5,147, Noi $50,763, P&I $30,176 @3.5%, Cashflow $20,587. Smart Investment; Huge Cashflow Insulates You From Interest Rates. Click The More Photos Button On Realtor.Ca For Full Financial Analysis. Offers Presented Monday July 11th. Seller Reserves The Right To Accept Pre-Emptive Offers.

Extras

Fully Renovated In 2021. Legal Basement Apartment Added 2021. Extremely Efficient Natural Gas Boiler System Supplies Heat And Hot Water For Both Units. Inclusions: 2 Washer/Dryer Combos, 2 Refrigerators, 2 Stoves, 2 Dishwashers.