1179 Shillington Avenue - Triplex for Sale

Posted by George Bradie on Tuesday, October 31st, 2017 at 4:15pm.

Our newest listing is a Triplex at 1179 Shillington Ave., List Price is $949,900

1179 Shillington Avenue, Ottawa is a Triplex for sale

Shillington is located in the Carlington Neighbourhood in Ottawas' West End, and this new listing is a newer and modern Triplex Property

The video below has all of the exterior pictures, including the front, back, side as well as the Hydro Meters and Air Conditioning Units

This 2nd video has some Neighbourhood Information and Financials, followed by Interior Photographs

Are you an Investor who's looking for a new and shiny Triplex, with no deferred Maintenance to worry about for many years to come?, have a look at this property from the Carlington neighbourhood

This Building has One 3 bedroom Apartment with 1300 Square feet of living space, it rents for $1900. There are Two, 2 bedroom Apartments, each with 1 bathroom. They rent for $1550 and $1600 per month.

1179 Shillington – FINANCIALS

  • Three units of 1 - 3 bedroom and 2 – 2 bedrooms
  • Gross = $60,600
  • TOE = $10,700 (estimated)
  • Taxes $7,000
  • Water & Sewer $1,500
  • Snow $585
  • Insurance $1,617 (not an estimate)
  • NOI = $49,900

THE BUILDING ***brand new***

  • Building is solid concrete ICF construction, (Insulated Concrete Form)
  • In floor radiant heat …warm apts With low heating costs
  • New, tenant moved in Sept. 1, 2017
  • No foreseeable maintenance requirements
  • Tenants pay heat & hydro
  • HWT owned not rented
  • Owner only pays water/sewer utility
  • Individual Central Air Conditioning all 3 units
  • In suite laundry + dishwashers + microwaves
  • Large quartz counter tops in kitchens
  • Generous size apartments from approx. 830 sq. ft to 1,300 sq ft
  • Parking 4 vehicles The Area
  • The area is on major transportation routes, Fisher, Carling, short hop to O-Train
  • 3 minute walk to Experimental Farm and other nearby parks
  • NCC bike path network runs thru Experimental Farm
  • Walking distance to both old and new Civic hospitals
  • Close to The Re-development of Westgate – (a few minute drive down Merivale Rd.) to include large towers with a mix of retail, residential, office. - Beside it is Hampton Parkk Plaza.

Google Map View with the location of 1179 Shillington

This property will go live on the MLS on Thursday, November 2nd 2017. Contact Patrick Walchuk at 613-788-2590 or Patrick@AgentInOttawa.com for more info or to schedule a showing at 1179 Shillington Ave.

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