- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- 1400987
- Year Built:
- 1952
- Photos (30)
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Exceptional investment opportunity in Ottawa. Quality constructed, well managed 4-unit + bonus apt is a high earner. With concrete foundation & structural integrity, blending location with modern functionality, ensuring a stable, large cash flow. Each unit is well maintained, attracting quality tenants & ensuring consistent rental demand. The prime location allows residents to enjoy easy access to public transit, shopping & many amenities only minutes to downtown & enhances its value & appeal, making it a smart addition to any portfolio. Each unit offers a feeling of home to tenants with desirable kitchens, baths, spacious rooms & unique design. With Ottawa’s R/E market poised for future growth, this property stands out at a 6.2 Cap Rate. Don’t miss the chance to own this asset for your financial growth. Amenities include W/D in 4 units, decks, updated utilities in a high-yielding, low-maintenance investment. Please allow 24 hours showing notice to tenants. (id:2493)
- Property Type:
- Multi-family
- Property Attached:
- Yes
- Transaction Type:
- For sale
- Lease Type:
- Other, See Remarks
- Zoning:
- R4
- Taxes:
- $6,590 / 2024
- Community:
- Vanier
- Amenities:
- Public Transit, Recreation Nearby, Shopping
- Exterior Features:
- Siding
- Structure Type:
- Fourplex
- Age:
- 72 years
- Construction Style Attachment:
- Attached
- Cooling:
- None
- Exterior Finish:
- Siding
- Fireplace:
- Yes
- Fireplaces:
- 1
- Floor finish:
- Mixed Flooring
- Foundation:
- Poured Concrete
- Heating:
- Baseboard heaters, Electric
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- Finished, Full
- Basement Development:
- Finished
- Land Amenities:
- Public Transit, Recreation Nearby, Shopping
- Current Use:
- Development residential
- Lot Frontage:
- 40'
- Lot Depth:
- 90'
- Acreage:
- No
- Lot Size:
- 40 ft X 90 ft
- Lot Details:
- 40 ft X 90 ft
- Parking:
- Surfaced
- Total Parking Spaces:
- 3
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Listed by COLDWELL BANKER RHODES & COMPANY and KELLER WILLIAMS INTEGRITY REALTY
Data was last updated October 12, 2024 at 03:45 PM (UTC)
Area Statistics
- Listings on market:
- 18
- Avg list price:
- $914,450
- Min list price:
- $449,900
- Max list price:
- $5,500,000
- Avg days on market:
- 40
- Min days on market:
- 1
- Max days on market:
- 156
These statistics are generated based on the current listing's property type
and located in
Vanier. Average values are
derived using median calculations.
- NILA MATTHEWS
- Coldwell Banker Rhodes & Company, Brokerage
- 613.236.9551
- Contact by Email
Location
200 Catherine Street #201
Ottawa, ON K2P 2K9