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$1,600,000
Available - For Sale
Listing ID: X12067049
Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current cap rate of over 6% ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a newer boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth.
Price $1,600,000
Taxes: $11,084
Tax Type: Annual
Occupancy by: Tenant
Address: 95/97 CONCORD Stre North , Glebe - Ottawa East and Area, K1S 0Y7, Ottawa
Postal Code: K1S 0Y7
Province/State: Ottawa
Legal Description: LT 2, PL 48 , E CONCORD ST ; S/T SPOUSAL
Lot Size: 20.13 x 98.82 (Feet)
Directions/Cross Streets: Corner of Concord St N and Havelock
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
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Apartment
Building Percentage: T
Total Area: 6,512.16
Total Area Code:  Square Feet
Maintenance: 0
Water Expense: $1938
Net Income Before Debt: $98051
Expenses Actual/Estimated: $Act
Heat Type: Radiant
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 SYNERGY REALTY INC

95/97 CONCORD Stre North , Glebe - Ottawa East and Area, K1S 0Y7, Ottawa


 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4408 - Ottawa East
Style:
Lot Size: 20.13 x 98.82(Feet)
Approximate Age:
Tax: $11,084
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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