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$619,900
Available - For Sale
Listing ID: X9518943
Investment opportunity that savvy investors won’t want to miss. Located in the peaceful village of Sarsfield, just minutes from Orleans & Navan, this well-maintained 5plex offers significant potential for increased returns. Sarsfield combines the charm of rural living with the convenience of easy access to nearby urban centers, making it an attractive location for tenants seeking tranquility while staying connected to city amenities. With 3 2-bdrm & 2 1-bdrm apts, the units are rented below market value, presenting a clear opportunity to maximize profitability. This fully-occupied property provides steady rental income & includes individual parking spaces & outdoor storage for each unit, enhancing tenant appeal. With 4 sep. electrical meters, landlords have added convenience, covering only electricity for common areas & 3 units. Seize this promising investment in a community blending country charm & urban accessibility. Schedule your viewing today & unlock the potential of this 5-plex!
Price $619,900
Taxes: $3,900
Tax Type: Unknow
Occupancy by: Tenant
Address: 2870 COLONIAL Road , Orleans - Cumberland and Area, K0A 3E0, Ottawa
Postal Code: K0A 3E0
Fronting On: N
Province/State: Ottawa
Legal Description: PT LT 10 CON 4 CUMBERLAND AS IN RR123397
Lot Size: 38.4 x 92 (Feet)
Directions/Cross Streets: Once in Navan go east on Colonial Road for about 10 minutes. Once in Sarsfield the property is on th
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 11,840.29
Total Area Code:  Square Feet
Taxes Expense: $3900
Insurance Expense: $6347
Maintenance: 0
 Hydro Expense:  $4320
Water Expense: $1200
Gross Income/Sales: $57720
Operating Expenses: $17767
Net Income Before Debt: $39953
Year Expenses: 2024
Expenses Actual/Estimated: $Act
Sprinklers: Unkn
Heat Type: Baseboard
Central Air Conditioning: No
Sewers: Septic
Water: Drilled W
Water Supply Types: Drilled Well
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

2870 COLONIAL Road , Orleans - Cumberland and Area, K0A 3E0, Ottawa


 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Orleans - Cumberland and Area
Neighbourhood: 1116 - Cumberland West
Style:
Lot Size: 38.40 x 92.00(Feet)
Approximate Age:
Tax: $3,900
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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