55 Rosemere Avenue - Triplex for Sale

Posted by George Bradie on Monday, October 2nd, 2017 at 5:30pm.

55 Rosemere is a Turnkey Investment Property

55 Rosemere Avenue for sale

Listed Price is $619,900

Our newest listing is an Income Property at 55 Rosemere Ave. in Old Ottawa East, a Great Neighbourhood, in good condition and fully rented. Watch the video below for Interior and Exterior Photos of all 3 Apartments as well as the Street and Front and Back of the Building

Some of the main features:

  • Fully Rented Triplex
  • One - 2 bedroom unit
  • One - 1 bedroom unit with Den (potential to convert to second bedroom)
  • One - 1 bedroom unit
  • Fire retrofit
  • Parking for 3 cars
  • In-suite or on site laundry (coin-operated)
  • 1 block from newly renovated Main Street
  • Tenants pay electric baseboard heating and Hot Water Tank rental costs
  • (low owner expenses)
  • Turn key operation
  • City Cleared Laneway at rear of property
  • 1 Block from Main St. Development
  • 10 minutes to Glebe, Elgin Street & Loblawa
  • Newly Re-Built Roof and Shingles 2017
  • New Windows in 2010

See more about 55 Rosemere Avenue or request a showing, view the map or see the streetview here.


55 Rosemere Ave. MLS Income & Expense Statement

Income at 55 Rosemere

  • Apt #1 $800/month
  • Apt #2 $1,065/month
  • Apt #3 $1,243/month
  • Laundry $94/month
  • Total Income = $3,202 x 12 = $38,424

Total Annual Income  $38,424

Expenses (annual)

  • Heat/Hydro $357
  • Water/sewer $1,071
  • Insurance $2,052
  • Property Tax $6,074
  • Heat Pump $1,017

Total Annual expenses = $10,901 

Net Operating Income $27,523


This property will be on the MLS System on Thursday 5th October 2017, want more information or to schedule a showing, contact Patrick Walchuk at 613-788-2590 or Patrick@AgentInOttawa.com

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