One of Sandy Hill's most elegant properties. The building was formerly home to the Italian Embassy. This brick and stone classic was converted into a legal non conforming 7 unit apartment dwelling + coach house with 7 parking spots and extensive renovations done throughout. These are unique units that are rarely seen on market. Just 1 block from Strathcona Park along the Banks of the Rideau River. Walking distance to the University of Ottawa, Parliament Hill, Byward Market, Rideau Centre, National Arts Centre and Minto Sports Complex. (id:2493)More details
Amazing opportunity!! Steps to Rideau Canal and Lansdowne Park! Perfect for investors or those looking to make the Glebe their home and offset their mortgage. 27 and 29 Third Ave. is a semi-detached that was never severed with both units under one ownership. Now a triplex, 27 Third Ave (vacant) is a 3 story, 4 bed/2 bath with loft. Loft is easily converted to a bedroom. This charming home is move in ready and boasts pocket doors, beautiful, original hardwood & woodwork, new butcher block countertops and a freshly painted main floor. 29 Third Ave has a 3 bed/1 bath with balcony (vacant) on the upper 2 stories. It is freshly painted and ready to go! It also has a 1 bed/1 bath (tenanted) on the main floor. Each unit has in-suite laundry, individual hydro meters and individual rented hot water tanks. Updated electrical, roof approx. 10-12 years old. #27 – Furnace 2024, #29 – Furnace 2023 Landscaping 2024. Don’t miss this opportunity! (id:2493)More details
CAP RATE 7.29% CASH FLOW! Centrally located & TURNKEY Investment Property offering excellent rental income. With an impressive annual net income of $138,469, this ideal property provides steady returns without the need for immediate repairs and renovations, and provides room for growth. Situated in Sandy Hill, one of Ottawa’s most desirable rental market zone, the property is within walking distance to the University of Ottawa, LRT, Rideau Canal, Byward Market, Rideau River, and various parks. Owned for 15 years and meticulously maintained, the property showcases its character with historic mouldings, hardwood floors, vaulted ceilings, abundant natural light, and covered balconies. Located on a major bus route and with convenient access to all amenities, this property is in a prime location to enhance or start your investment portfolio! (id:2493)More details
Listed by RIGHT AT HOME REALTY and KELLER WILLIAMS INTEGRITY REALTY
Great INVESTMENT OPPORTUNITY in CENTRETOWN! This classic TRIPLEX offers three separate spacious units plus a large Garage/workshop in the back (workshop can be rented separately). Unit1 and 2: 2Bedroom, Living room, Kitchen, and full Bath. Unit3: Bedroom, Living room, Kitchen, and full Bath all in a practical and welcoming layout. Lots of renovations in the recent years, including full renovation of Unit1 in 2024, some renovation of Unit3 plus plumbing and wiring update in 2020, basement lockers, utilities connections for the workshop, retrofitting upgrade including fire sprinkler system in the basement. Central Heating & Air Conditioning. 3 separate hydro meters and HWT. Whether looking for a live-in opportunity with rental income or seeking a three-unit investment property, this Triplex is an excellent opportunity. Some pics are virtually staged. (id:2493)More details
INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented), Apt. 6 - $885. Seven hydro meters; tenants pay their own hydro. Below-market-value rents indicate long-term tenants. Coin laundry in the basement is currently not being utilized. The building needs TLC but has lots of potential to make this a great addition to any investor's portfolio. Major upgrades history include new roof in 2012 and the gas boiler in 2012. (id:2493)More details
Data was last updated October 4, 2024 at 05:15 AM (UTC)
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