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$ 999,000
Est. payment | /mo
5 Beds
5 Baths
$ 999,000
Est. payment | /mo
5 Beds
5 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 3404 - Vanier
MLS Listing ID X12299216
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $5,722
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Updated & meticulously maintained fully rented 5-plex (R4UA zoning) centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with flexible surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income today at a great cap rate for well below the cost to acquire land, pay development/permit fees and construction costs. 5x stoves, 5x fridges, 2x dishwashers, 1 washer, 1 dryer included. This is a great investment property to add to your portfolio.
Location
Province ON
County Ottawa
Community 3404 - Vanier
Area Ottawa
Rooms
Family Room Yes
Basement Other
Kitchen 5
Separate Den/Office 1
Interior
Interior Features Separate Hydro Meter, Storage
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Other
Lot Frontage 57.0
Lot Depth 72.5
Total Parking Spaces 3
Building
Foundation Other
Listed by UPPABE INCORPORATED
"Helping clients build weath through strategic real estate aquisitions"
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