124 Spadina Avenue, Ottawa, Ontario K1Y2C1

$1,790,000
List Price
$1,790,000
Price Change
▼ $110,000 1604111702
MLS® #
1206615
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
Hintonburg

Property Description

Location, location, location! Here's your opportunity to acquire a proven income-generator in an established area. If you're looking for a fantastic income property that offers excellent cash flow and pride of ownership, then look no further! 124 Spadina Avenue provides a great mix of four chic residential rental units and one modern Commercial (LC1) space that ticks all the boxes. This property nestled between Westboro, Preston Street, Civic Hospital and Lebreton Flats and it's surrounded by all the amenities you could ever need, including public transportation. EnRoute magazine has named Hintonburg one of the top ten emerging neighbourhoods in Canada. The Financial Times has also noted that the 'Burg is "thriving again." Other highlights of the property include excellent tenant retention history, dual entry and exit points offering excellent access, quality fitting & fixtures, a versatile internal layout, fully compliant and fire retrofitted. 48 hours irrevocable on all offers. (id:2579)

Additional Information

Ownership
Freehold
Heating Fuel
Natural gas
Subdivision
Hintonburg
Levels
3
Cooling
Central air conditioning
Country
Canada
Sewer
Municipal sewage system
Frontage Length
25 ft
Heating
Forced air
Total Number Of Units
5
Stories
3

Listing courtesy of RE/MAX AFFILIATES BOARDWALK.

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

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