$1,560,000
( )
 $8,374 est/mo Sourced by Back At You

1314 Emperor Ave , Carlington - Central Park, ON K1Z 8C6

Carlington - Central Park, ON K1Z 8C6

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Description

Your next investment opportunity in Ottawa's hot rental market...This solid brick 6-unit building is in good condition, fully rented, and offers a combination of 2 one-bedroom apartments on the lower level & 4 two-bedroom apartments on the second and third levels...More than six parking spots outside...6 secured storage bins & coin-operational laundry on the lower level...Centrally located property with easy access to many amenities like the 417, Merivale Road shopping, hospitals, transit, experimental farm, parks, and more...Units are spacious, and sunny with Southern exposure...Every unit has its own hydrometer, and one is for the common areas. Many renovations and upgrades over the years... Some rents are below market value with plenty of upside on future rents...The property is built on a large lot 108x100 ft with potential for future development in a rapidly growing & changing area... Gross income $89,348/Year, Operating Expenses $27,844/Year, Net Operating Income $61,504/Year.

Details

MLS#X9516441
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Days On Site13
Listing Provided ByREAL ESTATE SOLUTIONS CORP. | Not Provided

Features

ZoningR4UC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 4 minutes ago
ProvinceON
CountyCarlington Central Park
CityCarlington - Central Park
Postal CodeK1Z 8C6
AreaOttawa
Community Name5303 Carlington
Listing VS Median (in 5303 Carlington)
Price:
$1,560,000
low | high
Med:
$0
On Site:
13
low | high
Med:
Sourced by Back At You
Listing Updated: October 30, 2024 at 6:35:29 AM PDT