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Glebe - Ottawa East And Area,ON K1S 2W9
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,782 sqft
Price per Sqft $407
Subdivision 4403 - Old Ottawa South
MLS Listing ID X12474541
Annual Tax Amount $15,949
Tax Year 2025
Property Sub-Type Investment
Property Description
Incredible investment opportunity in Old Ottawa South! Large multi-unit on expansive 30' x 161' lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-Bedroom unit, two 2-Bedroom units and one 1 Bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom - it has it's own Furnace (2020), A/C (2017) and Hot Water Tank (Rental). New addition completed in 2017 with 2 Furnaces and 2 Central Air units. 3 Hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, Roof 2017. City of Ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349.31.
Location
Province ON
County Ottawa
Community 4403 - Old Ottawa South
Area Ottawa
Zoning R3
Interior
Cooling Yes
Inclusions 2 Stoves, 4 Fridges, 3 Dishwashers, 4 Washers, 4 Dryers
Exterior
Utilities Available Yes
Lot Frontage 30.36
Lot Depth 161.96
Others
ParcelsYN No