This Historic Building was built between 1912 and 1913 and is referred to as the Iona Mansions historically and locally referred to as The Angel Building. This very well maintained property is a 3 story walk up with 11 residential units, 4 bachelors and 7 one bedroom units which are all occupied. There is coin operated laundry for the residential tenants. There are also 4 fully leased retail units on the main floor. All retail leases are at least 5 years duration.There have been many upgrades to the property since the current owner purchased the building in 2003 including all new windows, updated electrical and heating system (steam boiler), fire escape, and plumbing stacks. This is a great investment opportunity. Please ensure to provide 24 hour notice for all showings and 24 hour Irrevocable for all offers as per form 244. (1123-1131 Wellington Street) (id:2493)More details
Discover an exceptional investment opportunity with this six-unit building, featuring generously sized and fully occupied units. The property comprises four expansive 4-bedroom units and two 6-bedroom units, all equipped with in-unit laundry. Perfect for any investor, this building is nestled in a prime location just steps from Rideau Centre, the University of Ottawa, parks, and a variety of amenities. Strategically positioned in one of the city's most robust rental markets, this outstanding property offers immediate rental income with substantial potential for future growth. Don't miss your chance to explore this must-see investment, primed to deliver excellent returns in an unbeatable location.48 Hours Notice for all showings & 48 Hour Irrevocable on all offers **EXTRAS** Other in expenses are Snow, garbage & lawn care. See attached for complete income and expenses. Capital expenditure statement will be provided upon request. Maintenance amount on MLS is estimated at 5% of income. (id:2493)More details
A great investment opportunity is available in the heart of Ottawa with this five-unit building. Units 1-3 are spacious four bedrooms, unit 4 is a 3-bed unit and the penthouse features 2 bedroom all with in-unit laundry while unit offering convenience for all tenants. The building is fully occupied and includes 1 parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **EXTRAS** Other in expenses are HWT Rental, Snow, garbage & lawn care. See attached for complete income and expenses. Capital expenditure statement will be provided upon request. Maintenance amount on MLS is estimated at 5% of income. (id:2493)More details
A great investment opportunity is available in the heart of Ottawa with this four-unit building. Each spacious unit features four bedrooms and one six-bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes one parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **EXTRAS** Gross Income: ($193,834.73) Yearly Expenses: ($68,387.86) Net Income: ($125,446.87). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income. (id:2493)More details
A great investment opportunity is available in the heart of Ottawa with this four-unit building. Building features 2 spacious five bedrooms units , one 4 bedroom and one six bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes one parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **EXTRAS** Gross Income: ($182,254.23) Yearly Expenses: ($65,293.51) Net Income: ($116,960.72). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income. (id:2493)More details
Discover an extraordinary investment opportunity with this unique mixed rooming house, featuring 23 units in total. The property includes 15 bachelor units with shared amenities such as three kitchens, three full baths, and two communal living spaces, as well as 8 fully independent one-bedroom units. This configuration offers exceptional flexibility and income potential. Situated in a prime location just steps from Rideau Centre, the University of Ottawa, parks, and various attractions, it stands in one of the city's most robust rental sectors. Don't miss your chance to explore this must-see investment property, promising excellent returns in an unbeatable location. **EXTRAS** The heating system is a boiler. Other in expenses are telecom/phone/internet, HWT Rental, Snow, garbage & lawn care. See attached for complete income and expenses. Capital expenditures can be found on Financials. Maintenance is 5% of income (id:2493)More details
Fantastic 24 unit building in the Beechwood area close to all amenities. Plenty of rental upside here. Great First Mortgage in place at 2.7% for another 5 years. This mortgage can be assumed. Don't miss out on this large multi family holding for your portfolio. (id:2493)More details
Data was last updated April 21, 2025 at 02:15 AM (UTC)
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