For Sale $899 - Commercial, Multi-Family
| Listing price: $899,000 |
Units: 4 RES UNITS (BUILDING IS REGISTERED AS 5-PLEX) |
Unit Breakdown: 1 x 4bedroom, 2 x 2bedroom, 1 x 1bedroom |
| Bedrooms & Bathrooms: 9 BEDROOMS & 4 BATHROOMS |
Style: 2 SIDE X SIDE 2STOREY SEMI-DETACH |
Garage/Parking: 6 PARKING SPACES AT BACK. 2 LANEWAYS |
| Rents: $1850, $1250, $1150, $950 = $5,200/MONTH |
Features: WASHER/DRYER IN EACH UNIT, 3 UNITS RENTED, 1 UNIT VACANT |
Lot Size & Zoning: 47′ X 99′ ZONED GM3 F(3) H(19) GENERAL MAIN ST |
PROPERTY DETAILS:
- INCOME:
- UNIT 1
- 4 BEDROOM RENTED AT $1850/MONTH ALL INCLUSIVE
- 3 FLOOR SEMI-DETACHED (469 CATHERINE ST)
- FINISHED LOFT 4TH BEDROOM
- UNIT 2
- 2 BEDROOM RENTED AT $1250/MONTH ALL INCLUSIVE
- TOP FLOOR OF 471 CATHERINE ST
- UNIT 3
- 1 BEDROOM RENTED AT $1150/MONTH ALL INCLUSIVE
- MAIN FLOOR OF 471 CATHERINE ST
- UNIT 4
- 2 BEDROOM RENTED AT $950/MONTH ALL INCLUSIVE
- BASEMENT OF 471 CATHERINE ST
- TOTAL
- $5200 / MONTH
- EXPENSES:
- HYDRO – $4386 / 2016
- GAS – $2825 / 2016
- WATER – $ 1756 / 2016
- TAXES – $7790 / 2016
FEATURES:
- POSSIBILITY TO PURCHASE PROPERTY ALONG WITH 473 & 475 CATHERINE ST
- TOTAL LOT AREA FOR ALL 3 PROPERTIES:
- 99′ WIDE BY 99′ DEEP
- 9,801 SQUARE FEET TOTAL LOT SIZE FOR ALL 3 LOTS
- ZONING IS GENERAL MAIN : GM3 F(3) H(19)
- INFILL DEVELOPMENT SITE POTENTIAL
- POSSIBILITY TO SEVERE LOTS 469 CATHERINE ST & 471 CATHERINE ST (CURRENTLY 1 TITLE)
ATTENTION INVESTORS!
Located in a prime & convenient area in Centertown, this lot is right next to Bronson Ave and the 417 Highway, with easy to access to all on and off-ramps.
Buy, rent, and hold long-term while you plan a future development. Inquire about purchasing 3 lots all in a row. This section is zoned as ‘General Main’ and offers a ton of uses. See city of Ottawa site for details (follow this link).
These side by side buildings may also have the potential for severance to resell separately.
Contact Chris today for more info on this excellent opportunity.
CHRIS STEEVES
Sales Representative. Residential & Commercial.
Capital Homes Realty
2059 Meadowbrook Rd, Ottawa, ON
Cel: 613 262 1697
Office: 613 744 0356
Visit our website:
WWW.CHRISSTEEVES.CA
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