1299 DORCHESTER Avenue, Ottawa, Ontario K1Z8E8

Listing courtesy of KELLER WILLIAMS INTEGRITY REALTY.

$1,350,880
List Price
$1,350,880
MLS®
1378344
Days on Market
58
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
84.53 ft X 99.38 ft
Subdivision
Carlington

Property Description

Discover an exceptional investment opportunity at 1299 Dorchester Ave. This high income producing fourplex building comes with a fifth non-conforming unit, elevating its earning potential and cashflow. Positioned on a large 85 x 100 foot lot with R4U-C zoning, Nestled in a prime location ,close to amenities, schools, and transportation, it has consistent occupancy and strong rental demand. Perfect for investors seeking to expand their portfolio, its proven income generation and development possibilities make it an attractive purchase. High Net income of $64,079 with Cap Rate of 4.7%. Loads of development potential while keeping current building. Roof (2019), Furnace (2014). Contact us today for more information (id:5764)

Additional Information

Subdivision
Carlington
Parking Spaces
6
Construction Materials
Wood frame
Cooling
None
Country
Canada
Flooring
Hardwood, Linoleum
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Lot Features
Balcony
Total Number Of Units
5
Stories
2

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