Space
Finished area and layout
- Living Area
- 4,200 sqft
- Building Area
- 4,200 sqft
- Bedrooms
- 8
- Bathrooms
- 6
+32 more
8
Bedrooms
6
Bathrooms
4,200 sqft
Living Area
Bldg=40.09 x 142 FT ; North line = +13 ft vs. South line
Lot
6
Parking
Property Snapshot
Key details for this listing
MLS #X13558532
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
About This Property
This 8-bedroom, 6-bathroom multi-family in Ottawa offers 4,200 sqft of living area on a Bldg=40.09 x 142 FT ; North line = +13 ft vs. South line lot. The home features baseboard heaters heating, partially air conditioned.
MLS Remarks
REMARKS FOR CLIENTS: Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, and a parking lot that is2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; owned hot water tanks; fridge/stove/dishwasher/ microwave. Separate electrical panels in each unit with separate external meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI =$118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, a full BMO branch; RBC ATM and LCBO are a 10-minute walk away on Beechwood; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being redeveloped and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for leisurely walks, joggers & dog walkers. Great location for renters and investors alike.OFFER REMARKS: Listing agent owns the building. Offers to be accompanied by appropriate disclosure acknowledgement. 24 hours notice for viewing as a tenant courtesy. (id:60351)
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