Added 3 months ago
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Type: Investment
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Property Type: Commercial
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Zoning: R4E
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Age: No Data
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Taxes: 6734
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MLS®#: X9518113
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Days on Site: 107 Days
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Added: Sep 03, 2024 (3 months ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: RIGHT AT HOME REALTY
INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented), Apt. 6 - $885. Seven hydro meters; tenants pay their own hydro. Below-market-value rents indicate long-term tenants. Coin laundry in the basement is currently not being utilized. The building needs TLC but has lots of potential to make this a great addition to any investor's portfolio. Major upgrades history include new roof in 2012 and the gas boiler in 2012.
Property
Status: Sale
Property Type: Investment
Property Type: Apartment
Net Income: 48238
Area: Vanier and Kingsview Park
Community: 3402 - Vanier
Availability Date: TBA
Building
Heat Type: Radiant
Water Supply: Municipal
Parking
Covered Parking Spaces: 1
Fees
Tax Year: 2023
Tax Legal Description: PT LT 10, PL 244 , AS IN N600603 ; VANIER/GLOUCESTER
Taxes: $6,734
Insurance Fee: 5022
Water Fees: 3079
Land
Cross Street: Vanier Parkway just
Municipality District: Vanier and Kingsview Park
Parcel Number: 042330317
Sewer: Sewers
Lot Depth: 64.26 Feet
Lot Frontage: 56.91 Feet
Lot Irregularities: 1
Zoning: R4E
Commercial Specific
Gross Income/Sales: 69871
Assumption Catholic Elementary School
Elementary: CatholicÉcole élémentaire publique Mauril-Bélanger
Elementary: PublicRobert E. Wilson Public School
Elementary: PublicÉcole élémentaire catholique Horizon-Jeunesse
Elementary: CatholicÉcole élémentaire publique Trille des Bois
Elementary: PublicManor Park Public School
Elementary: PublicÉcole secondaire catholique Centre professionnel et technique Minto
Secondary: CatholicOttawa Technical Secondary School
Secondary: PublicImmaculata High School
Secondary: CatholicÉcole secondaire catholique Collège catholique Samuel-Genest
Secondary: CatholicÉcole secondaire publique De La Salle
Secondary: PublicLisgar Collegiate Institute
Secondary: Public
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