$2,449,000

Investment For Sale In West Centertown, Ottawa, Ontario

$2,449,000

Property Information:

Excellent Income producing Investment property features 3 large attached 4-bedroom Townhomes & 10 outdoor parking spots - Great Development Potential - Zoned TM [2214] with multi-use zoning opportunities - Gross Income of approx. $120,072 - Great possibility of building expansion as townhomes are situated very close to the frontage line which could potentially increase income and potentially pay down mortgage very quickly with right expansion project - All 3 townhomes include good tenants, 4-Bedrooms & 2 Full bathrooms and have undergone extensive renovations. Each Townhome has it's own furnace, laundry, hydro meter & water meter resulting in tenants paying for all utilities resulting in a very strong Net Income of approx. $97,900 not including Mortgage costs. Located in one of the Main Corridors to the exciting Future Development of LeBreton Flats - walking distance to LRT Stations & minutes to Downtown/both Main Universities & many of the National Capitals major tourists attractions. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Construction Style - Attachment: Attached
  • Exterior Finish: Brick, Siding, Stucco
  • Flooring Type: Hardwood, Tile, Other
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Unknown

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Recreation Nearby, Shopping
  • Built in: 1930
  • Irregular: Yes
  • Lease Type: Lease Type
  • Lot Depth: 99.0 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66.01 ft X 99 ft
  • Zoning: TM [2214]
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 10

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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

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