199 Ste Anne Avenue Ottawa, Ontario K1L 7B8
$1,285,000
Prime investment opportunity! Tastefully renovated all-brick turnkey legal fourplex located minutes from downtown Ottawa. The property features 4 carefully planned and spacious dwellings - 3x two bedroom units and 1x one bedroom unit - all with their own separate entrances. Includes 4 surface parking spaces (more with tandem parking) and a single garage for additional income. It sits on a large R4UA zoned corner lot, siding onto a park. Includes 5 hydro meters and a coin-operated washer and dryer. Fully tenanted, no vacancies until at least 2024. Net operating income of $72,687 and cap rate of 5.7%. Full financial breakdown available upon request. (id:53130)
Property Details
| MLS® Number | 1330319 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Amenities Near By | Recreation Nearby, Shopping |
| Communication Type | Internet Access |
| Features | Park Setting, Corner Site |
| Parking Space Total | 4 |
| Structure | Deck |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1960 |
| Construction Style Attachment | Attached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Hardwood, Tile |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Surfaced |
Land
| Acreage | No |
| Land Amenities | Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 51 Ft ,11 In |
| Size Frontage | 94 Ft ,9 In |
| Size Irregular | 94.72 Ft X 51.93 Ft |
| Size Total Text | 94.72 Ft X 51.93 Ft |
| Zoning Description | R4ua |
Utilities
| Fully serviced | Available |
https://www.realtor.ca/real-estate/25298486/199-ste-anne-avenue-ottawa-vanier
Interested?
Contact us for more information
Chris Millette
Salesperson
www.cmottawa.com/
700 Eagleson Road, Suite 105
Ottawa, Ontario K2M 2G9
(613) 663-2720
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Ottawa Real Estate Board
RE/MAX Hallmark Realty Group
March 20 2023 03:25:50
