Vanier and Kingsview Park K1L 5H5

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:C2,999,000
($2,191,129.38)
(€1,921,436.55)
Annual Taxes:C26,712
505 Park Ave, New York, NY 10022

Description

A 5-year-old purpose-built 8-unit apartment building with fully furnished open-concept units, including six 2-bedroom and two 1-bedroom apartments. The property is located close to Montfort Hospital, amenities, and shopping just off Beechwood Ave., near Rockcliffe Park and within walking distance to the Rideau River, offering year-round recreational activities including skating, cross-country skiing, snowshoeing, walking, cycling, swimming, tennis, rowing, and sailing. Gross yearly rent = $231,122.28. Individual rents are as follows: (1) $2,190, (2) $2,500, (3) $1,950, (4) $2,357.50, (5) $2,639.38, (6) $2,610.81, (7) $2,450, (8) $2,562.50. Expenses include taxes: $26,712, hydro: $5057, water: $4,108, gas: $12,263, maintenance: $11,140, management: $8,784, insurance: $6714, advertising: $1,116, Admin $557, Structrual Reserve Allowance $4,562, Total yearly expenses = $81,017. In Financial Information, under Other Expenses, $6,236 is a combination of advertising ($1,116) plus administration ($557) and Structrual Reserve Allowance $4,562

A 5 year old purpose built 8 unit apartment building with fully furnished open concept units, including six 2 bedroom and two 1 bedroom apartments.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.