$2,799,990

Investment For Sale In Pineview, Ottawa, Ontario

$2,799,990

Property Information:

Looking for a multi-family investment located in a great neighbourhood and with future potential? Stop right here! This 6 unit apartment building is located in east end of Ottawa, situated on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth). Built in 1976 and well maintained, the building boasts fully occupied units generating over $8,400 in monthly rental income. Unit breakdown: 2 Bedrooms (3), 1 Bedroom (2) and 1 Bachelor (1). The property holds R1WW[637] zoning, offering excellent development potential. Key updates include a new 50-year roof installed in 2018 and recently renovated units. Located in a prime area near the 417 Highway, major LRT stations at Blair and Cyrville, this property provides a great investment opportunity with stable income and future growth possibilities. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Heating Type: Baseboard heaters

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 131.9 Feet
  • Lot Frontage: 79.8 Feet
  • Lot Size: Unit=79.9 x 131.93 FT ; 0
  • Zoning: R1WW[637]
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 8

Courtesy of: REAL BROKER ONTARIO LTD.

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