$1,200,000

Investment For Sale In Hunt Club Upper -Blossom Park - Timbermill, Ottawa, Ontario

$1,200,000

Property Information:

Introducing a prime investment opportunity! This investment property offers 5 apartment units and is situated on a spacious 100x100 lot in a highly sought-after location. This property also holds great potential for development or as a long-term investment. Its versatile nature allows for various possibilities, making it an ideal choice for investors looking to maximize their returns. The property's advantageous location offers convenience and accessibility. It is in close proximity to parks, public transit options, Walmart, South keys shopping center, and schools. This makes it an attractive choice for potential tenants, ensuring a steady stream of rental income. To further sweeten the deal, the owner is offering a vendor take-back mortgage (VTB) for $1,000,000 at a competitive interest rate of 5%. This presents a favourable financing option for interested buyers, making the investment even more enticing. Don't miss out on this exceptional investment opportunity in Ottawa. (id:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Brick, Siding
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1968
  • Irregular: Yes
  • Lot Depth: 105.0 Feet
  • Lot Frontage: 97.0 Feet
  • Lot Size: 97 ft X 105 ft
  • Zoning: R4Z
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 5

Courtesy of: EXP REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.