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Tony Tompson

Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$2,550,000
Available - For Sale
Listing ID: X11921244
70 RUSSELL Ave , Lower Town - Sandy Hill, K1N 7X1, Ontario


Introducing 70 Russell Avenue a premier investment opportunity in Ottawa's sought-after Sandy Hill. This newly constructed, purpose-built multi-family property is designed to meet the needs of today's tenants, ensuring energy efficiency and modern amenities that deliver consistent rental income. The building features three spacious five-bedroom units and a unique six-bedroom, two-story suite on the top floor, appealing to diverse tenants. Interiors boast vinyl flooring, large windows, modern kitchens, two full bathrooms, and in-unit laundry. Just a 2-3 minute walk to the University of Ottawa, it offers unbeatable convenience, attracting young professionals and tenants alike. The vibrant neighbourhood includes dining, parks, entertainment, high walkability, and easy access to transit. With steady demand and premium amenities, 70 Russell Avenue is a rare investment in Ottawa's thriving rental market. Don't miss this opportunity to own a high-performing asset in an unbeatable location!
Price $2,550,000
Taxes: $16727.47
Address: 70 RUSSELL Ave , Lower Town - Sandy Hill, K1N 7X1, Ontario
Directions/Cross Streets: Russell Ave, corner of Osgoode St.
Rooms: 4
Rooms +: 0
Bedrooms: 9
Bedrooms +: 5
Kitchens: 4
Kitchens +: 0
Family Room: N
Basement: Finished, Full
Property Type: Multiplex
Style: Other
Exterior: Brick, Stucco/Plaster
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 1
Pool: None
Property Features: Park, Public Transit
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Hydro: Y
Utilities-Gas: Y
Schools

8 public & 8 Catholic schools serve this home. Of these, 10 have catchments. There are 3 private schools nearby.

Parks & Rec

4 playgrounds, 3 tennis courts and 11 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 3 min walk away. Rail transit stop less than 1 km away.

$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $127,500 $255,000 $382,500 $510,000
First Mortgage $2,422,500 $2,295,000 $2,167,500 $2,040,000
CMHC/GE $96,900 $71,145 $60,690 $0
Total Financing $2,519,400 $2,366,145 $2,228,190 $2,040,000
Monthly P&I $12,432.78 $11,676.5 $10,995.71 $10,067.03
Expenses $0 $0 $0 $0
Total Payment $12,432.78 $11,676.5 $10,995.71 $10,067.03
Income Required $466,229.38 $437,868.66 $412,339.3 $377,513.67

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$6,291.89
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
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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Bus:
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Fax:
416-981-7184
 
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At a Glance:
Type: Freehold - Multiplex
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4004 - Sandy Hill
Style: Other
Lot Size: 97.18 x 0.00(Feet)
Approximate Age:
Tax: $16,727.47
Maintenance Fee: $0
Beds: 9+5
Baths: 8
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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