Fully rented turn-key investment opportunity in the central location near the Civic Hospital. 12 spacious, bright, apartments, all with their own entrance. 8 indoor parking spaces and 4 outdoor parking spaces. Six bachelor 1 bath and six 1 bed,1 bath units. Minutes to downtown and Carleton U, on a quiet dead-end street. Units have balconies, good parking, newer Roof, Fire retrofitted, Excellent Tenants. Walking distance to transit, shopping, restaurants and everything that this vibrant community has to offer!! -10 units completely redone between 2010-2022 -New roof 2017 Abbot roofing -balconies redone 2017 -garage closed in and two gas heaters installed. 2015 -2 New boilers 2018 -Unit 1 renovated January 2022 -Balcony railings painted, balcony parging & garage door repair November 2022. Cap rate is 4.5% |
Price | $3,050,000 |
Taxes: | $21265.00 |
Occupancy by: | Tenant |
Address: | 84 ROSEMOUNT Ave , West Centre Town, K1Y 1P6, Ontario |
Postal Code: | K1Y 1P6 |
Province/State: | Ontario |
Legal Description: | PT LT 22, PL 94 , AS IN N469523 ; OTTAWA |
Lot Size: | 60.00 x 96.00 (Feet) |
Directions/Cross Streets: | Parkdale north 417, to Gladstone (east), to Rosemount (north). |
Category: | Apartment |
Insurance Expense: | $4393 |
Water Expense: | $7000 |
Gross Income/Sales: | $182040 |
Net Income Before Debt: | $136097 |
Heat Type: | Forced Air |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ENGEL & VOLKERS OTTAWA |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Ottawa |
Municipality: | West Centre Town |
Neighbourhood: | 4203 - Hintonburg |
Lot Size: | 60.00 x 96.00(Feet) |
Tax: | $21,265 |