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$999,999
Available - For Sale
Listing ID: X11951498
Updated & meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with flexible surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5x stoves, 5x fridges, 2x dishwashers.
Extras:   5x stoves, 5x fridges, 2x dishwashers, 6 hydro meters
Price $999,999
Taxes: $5,725
Tax Type: Annual
Occupancy by: Partial
Address: 382 BRANT St , Vanier and Kingsview Park, K1L 6V6, Ontario
Postal Code: K1L 6V6
Province/State: Ontario
Legal Description: LT 30, PL 337; PT LT 31, PL 337 AS IN N6
Lot Size: 57.08 x 72.47 (Feet)
Directions/Cross Streets: Mcarthur Ave to Brant St.
Zoning: R4UA
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 0
Total Area Code:  Sq Ft
Taxes Expense: $5725
Insurance Expense: $3673
 Management Expense: 0
Maintenance: 2,072
 Heat Expenses: $3325
 Hydro Expense:  $695
Water Expense: $2460
Gross Income/Sales: $72000
Operating Expenses: $17900
Net Income Before Debt: $54100
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Heat Type: Gas Hot Water
Central Air Conditioning: N
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
UPPABE INCORPORATED

382 BRANT St , Vanier and Kingsview Park, K1L 6V6, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3404 - Vanier
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Lot Size: 57.08 x 72.47(Feet)
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Tax: $5,725
Maintenance Fee: $2,072
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