An incomparable investment opportunity in one of Ottawa’s most sought-after neighborhoods awaits savvy investors. In the heart of Lindenlea, 6 rental units await all the benefits of an advantageous address: minutes to amenities & specialty shops of Beechwood Village, Global Affairs & the Byward Market. Steps to transit for a swift commute downtown or out of the city. Surrounded by bike paths, parks & heritage homes, this opportunity is an optimal long term investment for the right portfolio. At approx 1000 sqft each, these units boast generous spaces that are difficult to find in today’s rental market. Each well maintained suite features 2 bedrms, full bath, bright living spaces, laundry, & a private garden. With room for a BBQ or urban garden - the appeal & ease with which to attract tenants is ready-made. Some lower levels are finished, while others await customization. Take advantage of this project which offers excellent value to get in on the ground floor & reap the benefits. (id:2493)More details
4.8% cap rate unit 30% expenses at List Price. Building is now fully leased with Leases in hand at 3400+3400+3350+3200+4200=$17550 = $210,600 GOI! BRAND NEW MULTI UNIT building in Sandy Hill. This building has 4 residential units and 1 commercial space. 4 x 4 Bedroom units and Ground Floor Commercial unit. Expenses have been estimated at 30% of GOI. All units have separate hydro meters, in-unit laundry, SS appliances, 6 covered bicycle parking spaces and AC. Each unit offers spacious, modern, layouts, overflowing with natural light. Fantastic central location close to Shops, restaurants, schools and transit. (id:2493)More details
4.8% cap rate unit 30% expenses at List Price. Building is now fully leased with Leases in hand at 3400+3400+3350+3200+4200=$17550 = $210,600 GOI! BRAND NEW MULTI UNIT building in Sandy Hill. This building has 4 residential units and 1 commercial space. 4 x 4 Bedroom units and Ground Floor Commercial unit. Expenses have been estimated at 30% of GOI. All units have separate hydro meters, in-unit laundry, SS appliances, 6 covered bicycle parking spaces and AC. Each unit offers spacious, modern, layouts, overflowing with natural light. Fantastic central location close to Shops, restaurants, schools and transit. (id:2493)More details
Attention Investors Stellar Find ... Great Location, Super Rents & Great Cash Flow makes this an Amazing Opportunity !! Location Attracts Medical Residents / Nurses etc - Each Unit has lots of Character & Charm - Bright & Spacious Main Floor & 2nd Floor Aparts are similar size & layout: Generous LivingRoom w/ Ornamental Fireplace & Formal DiningRoom or Home Office - Hardwood Floors - Spacious Renovated'21 Kitchens w/ Stainless Steel Appliances & Stone Countertops - 2 Generous Bedrooms + 3Season SunRoom - Unit 2 has Central Air - Lower Level Accessed from Side - Inside Fire Escape/Stairwell - 4 Separate Meters - Newer Gas Furnace'12 & HWT - PVC Windows - New Roof 2019 - Ashphalt 2014 - Purpose Built Duplex + Add'l Lower Level Unit - Parking for 4 plus Bicycle Rack - Fully Occupied - Gross income over $75K / NOI over $60K - Fully Occupied on Leases - Rarely any Vacancies ...Rents quickly - Assumable TD Mortgage @ 2.77% (oac) (id:2493)More details
Almost a 5% cap rate in the heart of the city! Charming full brick duplex located in Centretown! Brimming with potential, this character filled property comes with R4 Zoning and a sizable rear lot providing opportunity for expansion. Central location walking distance to restaurants & transit. Spacious 2 bedroom on main level, 1 bedroom on upper floor. Both units come with full bathrooms, hardwood floors, laundry, window AC units , hydro meters, open concept layouts, large windows and well thought out kitchens. Partly finished basement provides room for possible third bedroom/office space as well as large storage area. Front porch, exterior paint touch ups and back porch resealed 2023 ,roof 2012, floors 2012, electrical panels & 2nd story balcony 2016. Both tenanted units month to month. One bed- $1,186/mon, Two bed- $1,960/mon. Check out the listing video at the link below. (id:2493)More details
Attention investors!!!Rare opportunity to own a newly built investment property within one block from CARLETON UNIVERSITY. Easy to rent,low vacancy, ~ 6% CAP.Built in 2022, interior offers over 6000 sft of space. Three units apt (potential for 4 units), total of 17 bedrooms and 10 bathrooms. Each unit has its own Hydro & Gas & AC & Laundry. Potential for an extra legal unit with the SIDE DOOR for the 4th unit is READY. Finishes are super durable, including the commercial grade floors; stone countertops; stainless steel appliances; tons of led spotlights; fully landscaped front and back yard, maintenance free; energy saving system assure low utility cost. Unit 1 offers two levels (the main level & basement) 5+2 bedrooms, 4 bathrooms (one en-suite, one jack & jill, two public bath); Unit 2 & 3 are the same layout of 5 bdrs, 3 bths (one en-suite, one jack & jill, one public). Easy to manage, tenants are STUDENTS ONLY. Low maintenance fee. FULLY LEASED. Contact agent for income details. (id:2493)More details
Multi-family built in 2015 in the sought after Castle Heights neighbourhood. High end finishings including granite counter tops, stainless steel appliances, tiled bathroom floors and walls. All units have washer/gas dryer, gas stove, dishwasher and fridge. Tenants pay their AC use. Digital key pads on doors. Security cameras installed. Approximately 7,000 square feet of building. Wheel chair accessible unit. Great for owner live in or investor. Close to many amenities including the St-Laurent Community Centre (indoor pool, gym, library, etc), parks, shopping, grocery stores, public transit, schools. Quiet street, great neighbourhood. All tenants are amazing. (id:2493)More details
LOCATION, PRICE AND ROOM TO GROW. Investment opportunity in Sandy Hill. Walking distance to Ottawa U, Centretown and downtown locations. Main floor unit is a 1 bed / 1 bath with private entrance off Daly. Second floor unit is a 2 bed / 1 bath with private entrance off Cobourg. Potential 3rd unit to be developed in basement, separate entrance already created. Basement is clean and dry with shared laundry currently. Detached garage provides parking income for both surface and covered. Each unit has their own hydro panel as well as their own Hot Water Tank. Tenants share electricity consumption costs for laundry, furnace fan and basement lights. Natural gas $2,200, water $520 approx and annually. 24 hours notice on all showings. (id:2493)More details
Great investment opportunity with tons of upside potential! This well maintained, purpose built, 16 unit- 5 storey apartment building is Centrally located and walking distance to many amenities including the experimental farms, transit, dining and shopping. The building offers a mix of 4 bachelor apartments and 12 one bedroom apartments with an elevator, onsite fitness room , coin operated laundry facilities, and a total of 11 parking spots. Each unit is separately metered for hydro and has at least one balcony. Great upside potential to increase rental income by 50% on average Call today to ask for your investor package! (id:2493)More details
Opportunity knocks! Great solid all brick 8 unit building in great location of Centertown Ottawa with excellent gross income of over $122000, with potential of increasing rents. One 2 Bedrooms, 5 one bedrooms and 2 bachelors, huge heated workshop which has potential of being changed to another unit, a carport and much more! All Showings Wednesdays 5-6.30 and Sundays 2-3.30 with 24 hours notice to the tenants! A must see! Call now! (id:2493)More details
Good property for 1st time investor who has about $250K down and are looking for economy of scale in an affordable legal triplex. This 3-unit building has a two-bedroom unit on the main floor, a two-bedroom unit on the second floor, and a one-bedroom in the basement. It grosses $49,702 with expenses of $11,306. A coin operated washer & dryer for tenant convenience generates about $1,800 annually. Hydro Apt1&3 paid by tenants. Insurance & utilities 2022, property tax 2023. 3 hydro meters are located in the kitchen cupboard of basement unit. Apt. #3 (top floor) has two parking spaces in tandem to left of the building. Apt #2 (main) has one parking space in front. Basement unit has no parking. Building is easy walking distance to the convenience of shops and services on Montreal Rd. MLS attachment has rent roll and additional information. HWT is rented. Forced air gas heating. Some photos were taken when a unit was vacant. Show Mon-Fri 11 am-4 pm. Sat & Sun. 1-4 pm. with 24 hrs notice. (id:2493)More details
Welcome to 110 Genest - Discover an exceptional investment opportunity in one of Ottawa's up and coming neighbourhoods - steps from Beechwood Avenue! This exceptionally well-maintained corner lot triplex features three 2-bed, 1 bath units with full sized in-unit laundry. Additional updates: high-efficiency boiler (2018) ,updated windows (Unit 1 in 2018, Unit 2 in 2022, Unit 3 in 2019), flat roof (approx. 2010) ,copper water service (2019), rebuilt property entrance/basement stairs (2020) and ductless air conditioners in two units. All units have sub-metered hydro, and no rental equipment in building, all owned. All units are tenanted. Quick walk to Metro grocery store, Starbucks, LCBO, Anytime Fitness, Rideau River & dozens of other great amenities. Gross rent is currently $55,740/year, Expenses for 2022 were approx. 10,846.99, cap rate approx. 4.72%. Don't miss your chance to own an investment property in this rapidly developing neighbourhood. (id:2493)More details
Data was last updated December 5, 2023 at 03:45 PM (UTC)
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