Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey development with multiple use. Enjoy a good income producing investment while planning the development of your own perfect income property specific to your investment portfolio needs. Located on one of the main city corridors - walking distance to LRT Station, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations inside & out, one 3 bedroom unit & one large 2 bedroom unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with an estimated potential rent of $2,900 per month per new 3-bedroom unit (top unit completed & presently occupied by one of the owner's). 15 Parking space/income estimated. Each of the 3 Row units have undergone major renovations include 4-bedrooms, 2 full bathrooms, & in-unit laundry. |
Price | $3,599,000 |
Taxes: | $16466.00 |
Occupancy by: | Tenant |
Address: | 258,260 BRONSON Ave , West Centre Town, K1R 6H8, Ontario |
Postal Code: | K1R 6H8 |
Province/State: | Ontario |
Legal Description: | LT 42, PL 3459; OTTAWA/NEPEAN ( PIN # 04 |
Lot Size: | 104.38 x 99.00 (Feet) |
Directions/Cross Streets: | On the West Side of Bronson Avenue, just North of Somerset Street |
Category: | Apartment |
Insurance Expense: | $11880 |
Water Expense: | $2500 |
Gross Income/Sales: | $198600 |
Operating Expenses: | $32496 |
Net Income Before Debt: | $166104 |
Heat Type: | Forced Air |
Central Air Conditioning: | Other |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK REALTY GROUP |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Ottawa |
Municipality: | West Centre Town |
Neighbourhood: | 4204 - West Centre Town |
Lot Size: | 104.38 x 99.00(Feet) |
Tax: | $16,466 |