111 Guigues Avenue Ottawa, Ontario K1N 5H8

$499,000

A rare opportunity to rebuild in a sought-after location! Located in a vibrant and central area, this spacious triplex presents an excellent investment opportunity with strong rental income potential. Plans and city building permits are in hand to rebuild it more or less as it was, making this ideal for renovators ready to move quickly. Offering a total of seven bedrooms and three bathrooms across three well-configured units, it's an ideal addition to any investor's portfolio. The ground-level Unit 109 features three bedrooms and one bathroom, while the second level is home to two separate units. Unit 111 and Unit 107, each offering two bedrooms and one bathroom. The property is efficiently set up with three hydro meters, three water meters, and new owned boiler and hot water tank (Oct 2024). A full-height, unfinished basement provides ample storage space and potential for future development. Situated close to Ottawa's shops, cafés, and restaurants, this property benefits from excellent accessibility and strong tenant appeal. With operating income and expense details available upon request, this is a solid and versatile investment opportunity in one of the city's well-known and convenient locations. (id:49712)

Property Details

MLS® Number	X12460694
Property Type	Multi-family
Neigbourhood	Byward Market
Community Name	4001 - Lower Town/Byward Market
Amenities Near By	Public Transit, Schools
Community Features	Community Centre
Parking Space Total	3

Building

Bathroom Total	3
Bedrooms Above Ground	7
Bedrooms Total	7
Amenities	Separate Electricity Meters
Appliances	Water Meter, Dryer, Washer
Basement Development	Unfinished
Basement Type	Full (unfinished)
Exterior Finish	Brick
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Radiant Heat
Stories Total	2
Size Interior	2,500 - 3,000 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Land Amenities	Public Transit, Schools
Sewer	Sanitary Sewer
Size Depth	102 Ft
Size Frontage	34 Ft ,2 In
Size Irregular	34.2 X 102 Ft
Size Total Text	34.2 X 102 Ft
Zoning Description	R4s

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom 4	4.57 m	2.6 m	4.57 m x 2.6 m
Second Level	Bedroom 5	3.64 m	2.36 m	3.64 m x 2.36 m
Second Level	Bathroom	2.16 m	1.89 m	2.16 m x 1.89 m
Second Level	Living Room	3.25 m	3.77 m	3.25 m x 3.77 m
Second Level	Kitchen	3.56 m	2.92 m	3.56 m x 2.92 m
Second Level	Bedroom	4.26 m	2.83 m	4.26 m x 2.83 m
Second Level	Bedroom	3.24 m	2.78 m	3.24 m x 2.78 m
Second Level	Bathroom	2.64 m	1.53 m	2.64 m x 1.53 m
Second Level	Living Room	3.79 m	2.67 m	3.79 m x 2.67 m
Second Level	Kitchen	3.5 m	3.15 m	3.5 m x 3.15 m
Main Level	Living Room	4.83 m	4.24 m	4.83 m x 4.24 m
Main Level	Family Room	4.24 m	2.92 m	4.24 m x 2.92 m
Main Level	Kitchen	2.91 m	2.01 m	2.91 m x 2.01 m
Main Level	Primary Bedroom	4.64 m	3.42 m	4.64 m x 3.42 m
Main Level	Bedroom 2	3.44 m	2.36 m	3.44 m x 2.36 m
Main Level	Bedroom 3	3.43 m	3.2 m	3.43 m x 3.2 m
Main Level	Bathroom	2.5 m	1.99 m	2.5 m x 1.99 m
Ground Level	Foyer	1.49 m	1.3 m	1.49 m x 1.3 m

https://www.realtor.ca/real-estate/28985543/111-guigues-avenue-ottawa-4001-lower-townbyward-market