$1,890,000

Commercial For Sale In Old Ottawa South, Ottawa, Ontario

$1,890,000

Property Information:

Purpose built 6-unit building in an outstanding location. Great unit split with 4 x 2 bedroom units with balconies, 1 x 1 bedroom and 1 bachelor, 3 parking spaces. Short walk to everything Bank street has to offer and picturesque Rideau River. Well kept building with many renos over the years including some bathrooms, kitchens, flooring. Furnace and Fireretro fit 2016, great tenants & very easy management. Upside in rents on tenant turnover. Gross Income: $98,640.00, Total Expenses: $30,856.80, Net Operating Income: $67,783.20

Property Features:

  • Annual Tax Amount: $10,158
  • Additional Property Uses ICI: Apartment 5+Units
  • Basement Description: Full
  • Basement Dev: Partly Finished
  • Built in: 1930
  • Heat Desc: Forced Air
  • Irregular: Yes
  • Lot Frontage: 10.90 Metre
  • Sewer Type: Sewer Connected
  • Title: Freehold
  • Zoning: R3P[487]
  • Heating Fuel: Natural Gas
  • Water Supply: Municipal
  • No. of Parking Spaces: 3

Courtesy of: Royal LePage Team Realty

Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved