For Sale - Multi-Family
| List Price: $ |
Units: 3 TOTAL 1 x 3bedroom. 1 x 2bedroom. 1 x 1bedroom. |
Bathrooms: 3 (1 FULL IN EACH UNIT) |
| Year built: 1913 approx. |
Building style: SEMI-DETACHED DUPLEX WITH 3RD UNIT |
Garage/Parking: 1 CARPORT & 4 OPEN PARKING SPACES |
| Lot Size: 18 feet X 130 feet |
Features: FULLY UPDATED 3 UNITS, NEW AC & FURNACE, 3 HYDRO METERS, DEEP LOT |
Amenities: WELLINGTON ST SHOPPING, RESTAURANTS, CAFES, SCHOOLS NEARBY, LRT STATION |
FEATURES:
- FULLY UPDATED THROUGHOUT – 2020
- 3 BEDROOM UNIT UPSTAIRS
- 2 BEDROOM UNIT MAIN FLOOR & BASEMENT
- 1 BEDROOM UNIT AT BACK OF MAIN FLOOR
- PARKING FOR 4 CARS – BACK LANE ACCESS
- NEW KITCHENS, BATHROOMS, FLOORING, LIGHTING, ETC
- 2 WASHERS, 2 DRYERS
- 3 HYDRO METERS – 1 FOR EACH UNIT
- SEPARATE FENCED YARDS FOR BOTH UNITS
AMENITIES:
- SHOPPING ON WELLINGTON ST
- RESTAURANTS : ELMDALE TAVERN, ART-IS-IN BAKERY, LES MOULINS CAFE, SUZY Q
- LRT STATION NEARBY – BAYVIEW STATION
- TRANSIT NEARBY
- DEVONSHIRE PUBLIC SCHOOL
- HINTONBURG PARK
DETAILS & UPDATES:
- FURNACE – 2020
- AC – 2020
- ROOF – 2012
- ALL INTERIORS & APPLIANCES
- TAXES – $5490 APPROX IN 2020
- APPLIANCES – 3 FRIDGES, 3 STOVES, 2 WASHERS, 2 DRYERS
- PARKING FOR EACH UNIT
RENTAL INCOME:
- CURRENT RENTAL INCOME (FURNISHED & ALL-INCLUSIVE):
- $2500 FOR MAIN FLOOR 2BEDROOM + DEN
- $1800 FOR MAIN FLOOR 1BEDROOM
- $3300 FOR UPPER LEVELS 3BEDROOM
- TOTAL INCOME:
- MONTHLY – $7600
- ANNUAL – $91,200
- EXPENSES:
- PROPERTY TAX – $5490
- INSURANCE – $3600
- HEAT (GAS) – $1650
- HYDRO – $1800
- TOTAL – $13,430
- NET INCOME –
- PROPERTY MGMT CO WILLING TO CONTINUE @ 15%
- FOR PROPERTY MGMT INFO & QUESTIONS, CONTACT:
- GEN @ SHORT N SUITE BNB – 613 981 6844
FULLY RENOVATED & TURNKEY DUPLEX with 3rd unit in the hip & trendy HINTONBURG!
Excellent investment property in the hottest area of Ottawa. 3 fully updated units generating strong revenue. Property management in place and willing to continue managing.
Click here for the 3d VIRTUAL TOUR.
Plenty of parking for up to 4 vehicles. Rear lane access to back parking area & back yard.
Located on a quiet street, just steps away from the WELLINGTON ST strip. Walk to everything; Hintonburg’s trendiest restaurants, cafes, & shops. Short walk to Bayview LRT station, and numerous bus stations. Tons of potential for AIRBNB revenue, or luxury furnished rentals!
Contact Chris for more info, and to book a showing.
CHRIS STEEVES
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