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$ 3,995,000
Est. payment | /mo
18 Beds
9 Baths
3,500 SqFt
$ 3,995,000
Est. payment | /mo
18 Beds
9 Baths
3,500 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500 - 5000
Square Footage 3,500 sqft
Price per Sqft $1,141
Subdivision 4003 - Sandy Hill
MLS® Listing ID X13441322
Bedrooms 18
Property Description
Rare opportunity to acquire a recently expanded and substantially renovated multi-unit investment property in the heart of Sandy Hill, just steps from the University of Ottawa. The property is currently configured as six rental suites comprising 18 bedrooms, including a mix of 2-bedroom, 3-bedroom and shared accommodation units catering to students and young professionals in one of Ottawa's strongest rental markets. Significant capital improvements have been completed in recent years, with additional opportunities to further stabilize income and optimize returns. Excellent walkability to the University of Ottawa, Rideau Centre, ByWard Market, LRT stations and downtown employment centres. An attractive opportunity for investors seeking a well-located asset with strong rental demand, upside potential and long-term growth prospects. Property being sold under Power of Sale. Current rent roll, leases and due diligence materials available to qualified purchasers. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Cooling Wall unit
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 5
Garage No
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Listed by TRU REALTY