226 SECOND AVENUE, Ottawa, Ontario K1S2H7

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

$1,790,000
List Price
$1,790,000
MLS®
1332045
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
50 ft X 103 ft
Subdivision
GLEBE

Property Description

TROPHY SIX-PLEX INVESTMENT IN THE HEART OF GLEBE ON A FULL-SIZE LOT. Pride of ownership is reflected inside and outside. This great investment has been very well managed and cared for by a proud owner who wants to hand over the reins to the next proud owner. Updated and Upgraded over the years of ownership. Four apartments are two-bedroom (The second bedroom is relatively small) and two one-bedroom units. Some units have balconies on both sides. Six parking spots with a drive-in lane from Second Ave and a full exit on Lyon St South. Some tenancies are long-term. About a 17% upside in rents if rented at the market rates; as of today. Very accommodating and friendly residents. Separate storage areas for all units with a common space for bikes and other tenant belongings. 2 furnaces, 7 Hydro meters, and a common water meter. Add to your Portfolio today! As per Form, 244 offers no conveyance of offers before 3 pm March 20th. No pre-emptive Offers, please. FYI 2022 Appraisal at $ 2.150 M (id:25314)

Additional Information

Ownership
Freehold
Subdivision
GLEBE
Parking Spaces
6
Country
Canada
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Total Number Of Units
6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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