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.
| Website: | https://www.nestseekers.com/5587425 |
|---|---|
| Address: | Glebe - Ottawa East and Area K1S 0T2 Canada |
| Ownership: | For Sale |
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| Type: | Unknown |
Financials
Price:C1,425,000
($1,001,300)
(€882,000)
Annual Taxes:C10,676
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
Angelo Ferlisi 9 Queen Street Unit 7, Cookstown, Ontario |