Rare opportunity to acquire a recently expanded and substantially renovated multi unit investment property in the heart of Sandy Hill, just steps from the University of Ottawa.


Property

Website:https://www.nestseekers.com/5566466
Address:
Lower Town - Sandy Hill K1N 7W7
Canada
Ownership: For Sale
Type: Unknown
Bedrooms: 18 BR
Bathrooms: 9

Financials

Price:C3,995,000
($2,857,500)
(€2,470,000)
Annual Taxes:C11,915

Description

Rare opportunity to acquire a recently expanded and substantially renovated multi-unit investment property in the heart of Sandy Hill, just steps from the University of Ottawa. This 10-unit building features a desirable mix of furnished 1-bedroom, 2-bedroom and 3-bedroom suites catering to students and young professionals in one of Ottawa's strongest rental markets. Significant capital improvements have been completed in recent years, with additional opportunities to further stabilize income and maximize returns. Excellent walkability to the University of Ottawa, Rideau Centre, ByWard Market, LRT stations and downtown employment centres. An attractive opportunity for investors seeking a well-located asset with strong rental demand, upside potential and long-term growth prospects. Property being sold under Power of Sale. Current rent roll, leases and due diligence materials available to qualified purchasers.

Amenities

  • On Demand Water Heater

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: