5. 6 CAP RATE ! Exceptional investment opportunity 10 BEDROOM 3, 200 sq.
| Website: | https://www.nestseekers.com/5628953 |
|---|---|
| Address: | Lower Town - Sandy Hill K1N 8A8 Canada |
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | 10 BR |
| Bathrooms: | 5 |
Financials
Price:C1,749,900
($1,237,100)
(€1,085,400)
Annual Taxes:C10,202.30
Description
5.6% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 5.6%.
Virtual Tour: https://my.matterport.com/show/?m=tf6v1khFG22
Amenities
- Carpet Free
- Primary Bedroom - Main Floor
- Wood
Angelo Ferlisi 9 Queen Street Unit 7, Cookstown, Ontario Phone: +1 905-851-9099 |