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Vanier And Kingsview Park,ON K1L 6V6
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10419065
Style Unknown
Bedrooms 5
Annual Tax Amount $5,537
Tax Year 2023
Property Description
Updated and 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 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. 5 x stoves, 5 x fridges, 2 x dishwashers., Flooring: Ceramic, Flooring: Linoleum
Location
State ON
County Ottawa
Community 3404 - Vanier
Area Ottawa
Zoning R4UA
Region 3404 - Vanier
City Region 3404 - Vanier
Rooms
Family Room Yes
Basement Full,Finished
Kitchen 5
Interior
Interior Features Unknown
Cooling None
Inclusions 5 x stoves, 5 x fridges, 2 x dishwashers.
Exterior
Parking Features Lane
Garage Spaces 5.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 57.08
Lot Depth 72.47
Total Parking Spaces 5
Building
Foundation Other
Others
Security Features Unknown