291-293 St Laurent Boulevard, Ottawa, Ontario K1K2Z3

Listing courtesy of CAPITAL COMMERCIAL INVESTMENT CORP..

$1,599,000
List Price
$1,599,000
MLS®
1310438
Days on Market
35
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
Rockcliffe Park / Manor Park

Property Description

Well-located 4-unit mixed-use building on 50ft x 110ft lot! This building features a strong unit mix (1 x 1 bdrm, 1 x 2 bdrm, and 1 x 4 bdrm, plus a take-out pizza restaurant) and a healthy cash flow from the in-place uses servicing the residents of the Rockcliffe Park and Manor Park communities. The large lot provides ample parking for tenants and customers and ancillary income is provided by the 10ft x 24ft storage building, and private office at the rear of the property. This neighbourhood will be transformed in the coming years as a result of a new Official Plan Amendment for the Manor Park community which was recently given support by City of Ottawa’s planning committee and city council which could deliver nearly 4,000 new residential units on the Manor Park Estates development across the street. A rare opportunity to invest in this growing community! Seller is open to taking back a mortgage on the property at rates better than those offered by conventional lenders. (id:2579)

Additional Information

Heating Fuel
Natural gas
Subdivision
Rockcliffe Park / Manor Park
Parking Spaces
11
Levels
3
Cooling
Unknown
Country
Canada
Flooring
Mixed Flooring
Sewer
Municipal sewage system
Frontage Length
50 ft
Heating
Hot water radiator heat
Total Number Of Units
4
Stories
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks