ADAM MILLS REALTY TEAM


LOADING

52 Ontario Street Ottawa, Ontario K1K 1L2

Central Air Conditioning, Air Exchanger Forced Air

$1,875,000

Don't miss the opportunity to add this modern Purpose Built (2018) turn key property to your portfolio! Large Triplex (over 5000 square feet) with a fourth unit in the basement (R4 zoning) is super low maintenance, easily rented and in a fantastic location! The units are bright and spacious, offering large kitchens and good sized rooms, they have been nicely finished with vinyl flooring and ceramic throughout. One unit per floor, 3 bedrooms + 1.5 baths per unit, lower level unit has 2 bedrooms+1 bath. This building checks off all the boxes, 4 parking spots, 4 hydro meters, all units have central air and their own in-unit stackable washer/dryers. Never a vacancy! $117,000+ annual gross income. Nicely situated in trendy Overbrook, amenities close by, easy access to 417, downtown core, the Rideau River and the new pedestrian bridge to the University of Ottawa. Bike room in basement as well as some storage. 5% Cap Rate. Ease of ownership! Floorplans attached. (id:49712)

Property Details

MLS® Number 1392656
Property Type Multi-family
Neigbourhood Overbrook
AmenitiesNearBy Public Transit, Recreation Nearby, Shopping, Water Nearby
ParkingSpaceTotal 2

Building

BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 2018
ConstructionStyleAttachment Attached
CoolingType Central Air Conditioning, Air Exchanger
ExteriorFinish Aluminum Siding, Brick
FlooringType Wall-to-wall Carpet, Vinyl
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
Type Triplex
UtilityWater Municipal Water

Parking

Surfaced
Tandem

Land

Acreage No
FenceType Fenced Yard
LandAmenities Public Transit, Recreation Nearby, Shopping, Water Nearby
Sewer Municipal Sewage System
SizeDepth 100 Ft
SizeFrontage 40 Ft
SizeIrregular 40 Ft X 100 Ft
SizeTotalText 40 Ft X 100 Ft
ZoningDescription R4

https://www.realtor.ca/real-estate/26913997/52-ontario-street-ottawa-overbrook


Stephanie Cartwright
Salesperson

(613) 296-6708
ENGEL & VOLKERS OTTAWA
787 Bank St Unit 2nd Floor
Ottawa, Ontario K1S 3V5

(613) 422-8688
(613) 422-6200
ottawacentral.evrealestate.com/

Julie Teskey
Salesperson

(613) 859-6599
www.teskey.com/
ENGEL & VOLKERS OTTAWA
787 Bank St Unit 2nd Floor
Ottawa, Ontario K1S 3V5

(613) 422-8688
(613) 422-6200
ottawacentral.evrealestate.com/