Property Details

476 WILBROD ST – SANDY HILL ROOMING HOUSE - OTTAWA

  • 476 WILBROD - SANDY HILL MULTI
  • 476 WILBROD - SANDY HILL MULTI
  • 476 WILBROD - SANDY HILL MULTI
  • 476 WILBROD - SANDY HILL MULTI
  • 476 WILBROD - SANDY HILL MULTI
  • 476 WILBROD - SANDY HILL MULTI
  • 476 WILBROD - SANDY HILL MULTI
  • 476 WILBROD - SANDY HILL MULTI
  • 476 WILBROD - SANDY HILL MULTI

Sold $1 - 3 story
17 Bedrooms 8 Bathrooms  Add to Favorites Print
Listing price:
$1,850,000
Units:
17 ROOMS 
Unit Breakdown:
ROOMING HOUSE WITH 17 UNITS
Year Built:
1900 – APPROX.
Style:
3 STOREY, CENTURY BUILDING
Garage/Parking:
5 OPEN PARKING SPOTS 
Rents:
$13,850/MONTH  =  $166,200/YEAR                                     
Features:
CHEF KITCHEN, 8 BATHROOMS, COIN LAUNDRY, AC
 Lot Size:
53′ X 171′

 

PROPERTY DETAILS:

  • INCOME:
  • UNITS  
    • 17 X 1-BEDROOMS RENTED BETWEEN $750 & $900/MONTH
  • TOTAL RENT
    • $13,850 / MONTH
    • $166,200 / YEAR
  • OTHER INCOME
    • LAUNDRY  =  $4,200/YEAR
  • TOTAL INCOME
    • $170,400 / YEAR

 

  • EXPENSES (PROJECTED):
    • PROPERTY TAX             –  $12,489 / YEAR
    • INSURANCE                     –  $8,200 / YEAR
    • WATER & SEWER          –  $ 4,200 / YEAR
    • HEAT                                   – $6,141 / YEAR
    • MANAGEMENT                – $3,600 / YEAR
    • HYDRO                                – $5,975 / YEAR
    • MAINTENANCE                – $6,385 / YEAR
    • OTHER                                 – $2,400 / YEAR
    • TOTAL                                   – $49,390 / YEAR 
  • ESTIMATED NET OPERATING INCOME:
    • $121,010 / YEAR
    • CAP RATE :  6.5%

 

ATTENTION INVESTORS!

SOLID ROOMING HOUSE IN THE HEART OF SANDY HILL –  FULLY LEASED!   Beautiful Victorian building offering 17 UNITS with immediate CASH FLOW and an approximate 6.5% CAP RATE.    The numbers on this one are excellent!

Conveniently located in SANDY HILL.   Short walk to OTTAWA UNIVERSITY, CORDON BLEU SCHOOL, numerous EMBASSIES, and BYWARD MARKET is right nearby.

17 rooms all rented to Cordon Bleu students.  8 bathrooms.   5 parking spaces.    Chef’s kitchen for all your cooking needs & great for entertaining.  And a walk score of 88.  

Don’t miss this opportunity for an incredible piece of real estate with a solid building generating excellent revenue.

Contact Chris today for a detailed INCOME & EXPENSES breakdown.

 

CHRIS STEEVES

Sales Representative. Residential & Commercial.
eXp Realty
343 Preston St, Ottawa, ON
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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