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  • 52 ONTARIO STREET in Ottawa: Multi-family for sale : MLS®# 1392656

    52 ONTARIO STREET Ottawa K1K 1L2
    Main Photo: 52 ONTARIO STREET in Ottawa: Multi-family for sale : MLS®# 1392656
    $1,875,000
    Multi-family
    Status:
    Active
    MLS® Num:
    1392656
    Don't miss the opportunity to add this modern Purpose Built (2018) turn key property to your portfolio! Large Triplex (over 5000 square feet) with a fourth unit in the basement (R4 zoning) is super low maintenance, easily rented and in a fantastic location! The units are bright and spacious, offering large kitchens and good sized rooms, they have been nicely finished with vinyl flooring and ceramic throughout. One unit per floor, 3 bedrooms + 1.5 baths per unit, lower level unit has 2 bedrooms+1 bath. This building checks off all the boxes, 4 parking spots, 4 hydro meters, all units have central air and their own in-unit stackable washer/dryers. Never a vacancy! $117,000+ annual gross income. Nicely situated in trendy Overbrook, amenities close by, easy access to 417, downtown core, the Rideau River and the new pedestrian bridge to the University of Ottawa. Bike room in basement as well as some storage. 5% Cap Rate. Ease of ownership! Floorplans attached. (id:2493) More details
    Listed by ENGEL & VOLKERS OTTAWA
    DANIEL  OAKES
  • 48 LOUISA STREET in Ottawa: Multi-family for sale : MLS®# 1391804

    48 LOUISA STREET Ottawa K1R 6Y8
    Main Photo: 48 LOUISA STREET in Ottawa: Multi-family for sale : MLS®# 1391804
    $1,059,900
    Multi-family
    Status:
    Active
    MLS® Num:
    1391804
    Great cash-flow fourplex in West Centretown zoned R4T. Steps to Little Italy, Government Buildings & Dows lake, with a CAP rate approaching 5%. Features a large home that houses 3 units & separate bungalow, four units in total. One spacious renovated two bedroom, one bachelor, updated one bedroom & a large separate free standing 2 bedroom unit w/ private entry & yard. Huge lot size allowing for 5 parking spaces on this double lot in a thriving neighborhood perfect for young professionals. Copy of survey and fire retrofit (2011) available. Largest apartment completely renovated in 2011. Great current & future value in this property. 3 tenants are on month to month - upside for higher rents as all units are under market value. Quality tenants- there has never been a vacancy in over 10 years. Shared pay per use laundry in basement adding income to property. 24 hr on offers as there are two owners. All units tenant occupied, notice to show needed scheduled days and times in rep remarks. (id:2493) More details
    Listed by ENGEL & VOLKERS OTTAWA
    DANIEL  OAKES
  • 241 FERLAND STREET in Ottawa: Multi-family for sale : MLS®# 1391525

    241 FERLAND STREET Ottawa K1L 7T5
    Main Photo: 241 FERLAND STREET in Ottawa: Multi-family for sale : MLS®# 1391525
    $644,000
    Multi-family
    Status:
    Active
    MLS® Num:
    1391525
    241 Ferland: Strategically located legal duplex, fully tenanted updated units that generate excellent cash flow ($2300 up/$2000 down) & R4E Zoning. The property offers three beds and one bath upstairs, with 2 beds and one bath downstairs. The property has been extensively renovated and improved both inside and out with newer kitchens, updated bathrooms, insulation, witing, fixtures and far more. Located in an area that sees very high demand this could be an easy investment property to purchase and manage as you grow your real estate portfolio and increase your income over time with solid tenancies and the future appreciation in values near Beechwood. Featuring separate entrances, luxury vinyl flooring, updated kitchens and baths, recent windows, a metal roofing system and newer gas furnace this property shows well and is very well maintained. This building is a true investment property that is well priced and worth pursuing. $51,600 GOI/$43,692 NOI/Cap 6.785%! ***6.785% RETURN*** (id:2493) More details
    Listed by ENGEL & VOLKERS OTTAWA
    DANIEL  OAKES
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Data was last updated May 29, 2024 at 02:15 PM (UTC)
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