$2,200,000

Investment For Sale In Glebe - Dows Lake, Ottawa, Ontario

$2,200,000

Property Information:

TURNKEY FOURPLEX (GROSS INCOME $144,600/EXPENCES $24,167/NET INCOME $120,432)+ COVETED LOCATION in the heart of The Glebe with it's vibrant lifestyle and unbeatable walkability ~ shops, restaurants, pubs, music venues, bakeries, coffee shops, top-tier schools ~ green space including pathways along the Rideau Canal and several parks including Brown's Inlet Park (with 2 beautiful ponds that flow into the Rideau Canal) and Lansdowne Park, where you can enjoy sports events, concerts, restaurants & community spaces. Easy access to Carleton University, Dows Lake and downtown. PROFITABLE ADDITION to any real estate investment portfolio with steady income and superior LONG-TERM GROWTH POTENTIAL with it's ideal location and easy rentability. Strong demand and FULLY RENTED at market rental rates. Blend of modern conveniences and historic charm make this an ideal owner-occupied property. Great curb appeal with it's all-brick exterior and spacious covered balconies. FOUR UNITS each with 2 storeys, hardwood floors and in-unit laundry ~ 2- 5 bedrooms units and 2- 4 bedroom units. Garage and driveway parking further add to rentability. Visit our 360 tour under attached link "Unbranded Virtual Tour". Do not miss this opportunity to own an excellent investment opportunity in one of Ottawa's top rental markets. Call today for a private viewing and for financials. This is THE ONE! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 12+6
  • Bathrooms: 4
  • Features: Carpet Free
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 66.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 66 FT
  • Structure Type: Deck
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX HALLMARK REALTY GROUP

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Steps to Bank Street with shops and restaurants. -
  • Steps to Brown's Inlet. -
  • Just minutes to Lansdowne Park. -
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