86 Empress Avenue, Ottawa, Ontario K1R7G2

Listing courtesy of RIGHT AT HOME REALTY INC..

$1,379,000
List Price
$1,379,000
MLS®
1270935
Days on Market
2
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
Centre Town West

Property Description

Blue-Chip Investment! Turnkey investment property, with fantastic revenue! This one is truly a GEM! All three apartments are larger than average and include an additional room/office. Recent renovations were done on bathrooms, kitchens, flooring, new fixtures, stairs and railings, in-unit laundry, new drywall, and paint throughout. All plumbing and electrical have been updated. New appliances, 2019 shingles, 2010 high-efficiency boiler. Exterior brick, chimney, and parging have all been well maintained and are in good condition. The rear parking lot is paved and supports five cars. This building is immaculate! Location is amazing: walking distance to Downtown, BluesFest, Ottawa River, and only a 6-minute walk to the LRT: Pimisi Station. This is a prime location for rentals! You will never have difficulty getting these units rented. Potential development and/or addition for more revenue, being zoned R4UD, which supports up to 8 apartments. (id:2579)

Additional Information

Heating Fuel
Natural gas,
Subdivision
Centre Town West
Parking Spaces
5
Construction Materials
Wood frame
Levels
3
Country
Canada
Flooring
Hardwood, Tile
Sewer
Municipal sewage system
Frontage Length
33 ft ,4 in
Heating
Hot water radiator heat, Radiant heat
Total Number Of Units
3
Stories
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks