$1,800,000
( )
 $9,663 est/mo Sourced by Back At You

95/97 Concord St N , Glebe - Ottawa East and Area, ON K1S 0Y7

Glebe - Ottawa East and Area, ON K1S 0Y7

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Description

Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current 5% cap rate ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a new boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth.

Details

MLS#X9515250
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Days On Site8
Listing Provided ByCENTURY 21 SYNERGY REALTY INC | Not Provided

Features

ZoningR4UD
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 28 minutes ago
ProvinceON
CountyGlebe Ottawa East and Are
CityGlebe - Ottawa East and Area
Postal CodeK1S 0Y7
AreaOttawa
Community Name4408 Ottawa East
Listing VS Median (in 4408 Ottawa East)
Price:
$1,800,000
low | high
Med:
$0
On Site:
8
low | high
Med:
Sourced by Back At You
Listing Updated: October 30, 2024 at 5:52:33 AM PDT