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$ 999,999
Est. payment | /mo
5 Beds
5 Baths
$ 999,999
Est. payment | /mo
5 Beds
5 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Subdivision 3404 - Vanier
MLS Listing ID X11951497
Style 3-Storey
Bedrooms 5
Annual Tax Amount $5,725
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Amazing Price for 5-plex! Updated & meticulously maintained 5-plex 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 at an appealing 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5x stoves, 5x fridges, 2x dishwashers. **EXTRAS** 5x stoves, 5x fridges, 2x dishwashers, 6 hydro meters
Location
Province ON
County Ottawa
Community 3404 - Vanier
Area Ottawa
Rooms
Family Room Yes
Basement Other
Kitchen 5
Interior
Interior Features Other
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Pool None
Roof Type Other
Lot Frontage 57.08
Lot Depth 72.47
Total Parking Spaces 3
Building
Foundation Other
Listed by UPPABE INCORPORATED
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