Property Details

471 CATHERINE ST – MULTI UNIT INCOME PROPERTY - OTTAWA

  • 471 CATHERINE ST - 4 PLEX - MULTI-UNIT - OTTAWA - CHRIS STEEVES REAL ESTATE
  • 471 CATHERINE ST - 4 PLEX - MULTI-UNIT - OTTAWA - CHRIS STEEVES REAL ESTATE
  • 471 CATHERINE ST - 4 PLEX - MULTI-UNIT - OTTAWA - CHRIS STEEVES REAL ESTATE
  • 471 CATHERINE ST - 4 PLEX - MULTI-UNIT - OTTAWA - CHRIS STEEVES REAL ESTATE
  • 4471 CATHERINE ST - 4 PLEX - MULTI-UNIT - OTTAWA - CHRIS STEEVES REAL ESTATE
  • 471 CATHERINE ST - 4 PLEX - MULTI-UNIT - OTTAWA - CHRIS STEEVES REAL ESTATE

For Sale $899 - Commercial, Multi-Family
9 Bedrooms 4 Bathrooms  Add to Favorites Print
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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    Agent Chris Steeves

    CHRIS STEEVES - OTTAWA REALTOR
    • Office : 613 744 0356
    • Mobile : 613 262 1697

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