Looking for a multi-family investment located in a great neighbourhood and with future potential? Stop right here! This 6 unit apartment building is located in east end of Ottawa, situated on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth). Built in 1976 and well maintained, the building boasts fully occupied units generating over $8,400 in monthly rental income. Unit breakdown: 2 Bedrooms (3), 1 Bedroom (2) and 1 Bachelor (1). The property holds R1WW[637] zoning, offering excellent development potential. Key updates include a new 50-year roof installed in 2018 and recently renovated units. Located in a prime area near the 417 Highway, major LRT stations at Blair and Cyrville, this property provides a great investment opportunity with stable income and future growth possibilities. |
Price | $2,799,990 |
Taxes: | $9178.00 |
Occupancy by: | Tenant |
Address: | 1549 MAXIME St , Cyrville - Carson Grove - Pineview, K1B 3K9, Ontario |
Postal Code: | K1B 3K9 |
Province/State: | Ontario |
Legal Description: | PT LT 22, CON 2OF , AS IN N354227 ; GLOU |
Lot Size: | 79.90 x 131.93 (Feet) |
Directions/Cross Streets: | From Innes Road, turn left onto Cyrville Road and then turn right onto Maxime Street. The property w |
Category: | Apartment |
Insurance Expense: | $3068 |
Water Expense: | $3176 |
Gross Income/Sales: | $101530 |
Net Income Before Debt: | $96305 |
Heat Type: | Baseboard |
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. |
ROYAL STAR REALTY INC. |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Ottawa |
Municipality: | Cyrville - Carson Grove - Pineview |
Neighbourhood: | 2204 - Pineview |
Lot Size: | 79.90 x 131.93(Feet) |
Tax: | $9,178 |