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Est. payment | /mo
3,620 SqFt
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Est. payment | /mo
3,620 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,620 sqft
Subdivision 3404 - Vanier
MLS Listing ID X13249836
Annual Tax Amount $12,813
Tax Year 2025
Property Sub-Type Investment
Property Description
Discover this well-maintained 7-unit multifamily building just minutes from the heart of Ottawa, offering steady cash flow and upside potential. This turnkey investment combines solid tenants, attractive unit mix, and a desirable neighborhood with high demand for rental housing. The prime location is walkable to transit, schools, parks, shopping, dining, and cultural amenities, and is within close proximity to the University of Ottawa. Unit mix is comprised of four 2-bedrooms, two 1-bedrooms and one bachelor. All units are in excellent condition, with two of the units completely renovated in spring 2024, and two others upgraded in the past few years. Onsite laundry is available for tenant convenience and an additional source of income. The property also features an outdoor patio are for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection.
Location
State ON
County Ottawa
Area Ottawa
Zoning R4B
Interior
Cooling No
Inclusions All appliances
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 42.5
Lot Depth 90.0
Others
ParcelsYN No
Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES