ON > Lower Town - Sandy Hill > 4004 - Sandy Hill
Lower Town - Sandy Hill, ON K1N 7X1,70 RUSSELL AVE
Lower Town - Sandy Hill, ON K1N 7X1,70 RUSSELL AVE
Lower Town - Sandy Hill, ON K1N 7X1,70 RUSSELL AVE
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$2,600,000
Est. payment /mo
21 Beds
8 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 4004 - Sandy Hill

MLS Listing ID X12127216

Style 3-Storey

Bedrooms 21

Building Age 6-15

Annual Tax Amount $16,727

Tax Year 2024

Property Sub-Type Multiplex

Lot Front 97.18

Appx SqFt 3500-5000

Property Description

Introducing 70 Russell Avenue a premier investment opportunity in Ottawa's sought-after Sandy Hill. This newly constructed, purpose-built multi-family property is designed to meet the needs of today's tenants, ensuring energy efficiency and modern amenities that deliver consistent rental income. The building features three spacious five-bedroom units and a unique six-bedroom, two-story suite on the top floor, appealing to diverse tenants. Interiors boast vinyl flooring, large windows, modern kitchens, two full bathrooms, and in-unit laundry. Just a 2-3 minute walk to the University of Ottawa, it offers unbeatable convenience, attracting young professionals and tenants alike. The vibrant neighbourhood includes dining, parks, entertainment, high walkability, and easy access to transit. With steady demand and premium amenities, 70 Russell Avenue is a rare investment in Ottawa's thriving rental market. Don't miss this opportunity to own a high-performing asset in an unbeatable location! NEW INCOME NUMBERS- Unit 1: $3,998/m, Unit 2: $4,101/m, Unit 3: $4,100/m, Unit 4 $5,850 (6 bed)

Location

Province ON

County Ottawa

Community 4004 - Sandy Hill

Area Ottawa

Zoning R4S

Rooms

Family Room No

Basement Full, Finished

Kitchen 4

Separate Den/Office 5

Interior

Interior Features Carpet Free

Cooling Central Air

Inclusions 4 Refrigerators, 4 Stoves, 4 Washers, 4 Dryers, 4 Dishwashers

Exterior

Parking Features Available

Pool None

Roof Type Asphalt Shingle

Lot Frontage 97.18

Total Parking Spaces 1

Building

Foundation Concrete

Others

Senior Community No

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Listed by RE/MAX HALLMARK REALTY GROUP

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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