Glebe - Ottawa East and Area K1S 0T2
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C1,425,000
($1,001,300)
(€882,000)
Annual Taxes:C10,676
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone:

Exceptional opportunity to own a turnkey 5 unit income property in sought after Rideau Gardens, just steps from the scenic Rideau River and Brighton Beach Park.

Description

Exceptional opportunity to own a turnkey 5-unit income property in sought-after Rideau Gardens, just steps from the scenic Rideau River and Brighton Beach Park. The building offers a unit mix of four 1-bedroom apartments and one spacious 4-bedroom unit, appealing to a wide tenant base. Four of the five units are tastefully renovated, making this a true turnkey investment at a 6.3% CAP rate! One of the 1-bedroom units can be vacant upon possession, providing flexibility for an owner-occupier or the opportunity to set market rent. Located in a quiet, established neighborhood with easy access to parks, pathways, transit, and amenities, the property also features parking for five vehicles - a rare and valuable bonus in this prime location with spectacular views from large balconies. A strong, income-producing asset in one of Ottawa's most desirable river-adjacent communities

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.