1422 GOTH Avenue, Ottawa, Ontario K1T1E4

Listing courtesy of EXP REALTY.

$1,200,000
List Price
$1,200,000
MLS®
1399101
Days on Market
24
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
97 ft X 105 ft
Subdivision
South Keys

Property Description

This property offers 5 apartment units and is situated on a spacious 100x100 lot in a highly sought-after location. This property also holds great potential for development or as a long-term investment. Its versatile nature allows for various possibilities, making it an ideal choice for investors looking to maximize their returns. Main house could be used by buyer ($2800) and still have 4 other incomes from other units. The property's advantageous location offers convenience and accessibility. It is in close to parks, public transit, Walmart, South keys shopping centre and schools. This makes it an attractive choice for potential tenants, ensuring a steady stream of rental income. To further sweeten the deal, the owner is offering a vendor take-back mortgage (VTB) for $1,000,000 at a competitive interest rate of 5%. This presents a favourable financing option for interested buyers, making the investment even more enticing. Don't miss out on this exceptional investment opportunity. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
South Keys
Parking Spaces
5
Country
Canada
Sewer
Municipal sewage system
Heating
Forced air, Electric
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