382 BRANT Street, Vanier and Kingsview Park | Image 1

382 BRANT Street

Vanier and Kingsview Park, 3404 - Vanier

  • Commercial

$1,070,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R4UA

  • Age: No Data

  • Taxes: 5537

  • MLS®#: X10442375

  • Days on Site: 36 Days

  • Added: Nov 07, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: UPPABE INCORPORATED

Updated & meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5x stoves, 5x fridges, 2x dishwashers.

Extras

5x stoves, 5x fridges, 2x dishwashers, 6 hydro meters

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 53632

  • Area: Vanier and Kingsview Park

  • Community: 3404 - Vanier

  • Availability Date: Flexiblie

Inside

  • Air Conditioning: N

Building

  • Heat Type: Gas Hot Water

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 5

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 30, PL 337; PT LT 31, PL 337 AS IN N625146; Ottawa/Gloucester

  • Taxes: $5,537

  • Expenses: Est

  • Insurance Fee: 2403

  • Operating Fees: 15188

  • Taxes Type: Annual

  • Tax Year: 2023

  • Water Fees: 2642

Land

  • Cross Street: Mcarthur Ave to Bran

  • Municipality District: Vanier and Kingsview Park

  • Parcel Number: 042470078

  • Sewer: San+Storm

  • Lot Depth: 72.47 Feet

  • Lot Frontage: 57.08 Feet

  • Zoning: R4UA

Commercial Specific

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

  • Gross Income/Sales: 68820

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Map of 382 BRANT Street, Vanier and Kingsview Park
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