ON > Glebe - Ottawa East And Area > 4408 - Ottawa East
Glebe - Ottawa East And Area, ON K1S 0Y7,95/97 CONCORD ST N
Glebe - Ottawa East And Area, ON K1S 0Y7,95/97 CONCORD ST N
Glebe - Ottawa East And Area, ON K1S 0Y7,95/97 CONCORD ST N
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Fri
9
May
Sat
10
May
Sun
11
May
Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,600,000
Est. payment /mo
6,512 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 6,512 sqft

Price per Sqft $245

Subdivision 4408 - Ottawa East

MLS Listing ID X12067049

Annual Tax Amount $11,084

Tax Year 2024

Property Sub-Type Investment

Lot Depth 98.82

Lot Front 66.05

Property Description

Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current cap rate of over 6% ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a newer boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth.

Location

Province ON

County Ottawa

Community 4408 - Ottawa East

Area Ottawa

Zoning R4UD

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 66.05

Lot Depth 98.82

Read Less Info
Listed by CENTURY 21 SYNERGY REALTY INC

Get More Information

agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Gail Reeves Reid, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.