FANTASTIC INVESTMENT OPPORTUNITY! This 4-unit co-living property located within walking distance of Algonquin College features four spacious and modern residential units. Two 4-bedroom apartments and two 6-bedroom suites. Each unit boasts its own laundry facilities, which adds to the comfort of residents; and has an individual meter. Ideally located in a thriving and in-demand area, it benefits from constant occupancy and strong rental demand. This high-income fourplex building is appraised at $3.5 million. This means there is over $500,000 in instant equity. Perfect for investors looking to expand their portfolio, its proven income generation makes it an attractive purchase. Contact us today for more information. (id:2493)
Data was last updated July 6, 2024 at 12:45 PM (UTC)
Area Statistics
Listings on market:
172
Avg list price:
$1,399,450
Min list price:
$459,000
Max list price:
$17,950,000
Avg days on market:
51
Min days on market:
2
Max days on market:
302
Avg price per sq.ft.:
$743.52
These statistics are generated based on the current listing's property type
and located in
Ottawa. Average values are
derived using median calculations.
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