Space
Finished area and layout
- Living Area
- 2,500 sqft
- Building Area
- 2,500 sqft
- Bedrooms
- 5
- Bathrooms
- 5





Property Snapshot
MLS #X13773320
Finished area and layout
Type, style and structure
This 5-bedroom, 5-bathroom multiplex in Ottawa Centre offers 2,500 sqft of living area on a 33.1 x 99 FT lot. 2 storeys. The property has zoned TBC N4. The home features none, a crawl space basement. Highlights include a none pool.
Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. Contact the listing agent for the rent roll & operating expenses. (id:60351)
From O' Connor, turn onto Lewis
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Land, frontage and setting
Price, taxes and monthly charges
Listed by Gershon Thambiah, SUTTON GROUP - OTTAWA REALTY
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Listed by Gershon Thambiah, SUTTON GROUP - OTTAWA REALTY · MLS# X13773320
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