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$2,799,990
Available - For Sale
Listing ID: X10419473
Looking for a multi-family investment located in a great neighbourhood and with future potential? Stop right here! This 6 unit apartment building is located in east end of Ottawa, situated on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth). Built in 1976 and well maintained, the building boasts fully occupied units generating over $8,400 in monthly rental income. Unit breakdown: 2 Bedrooms (3), 1 Bedroom (2) and 1 Bachelor (1). The property holds R1WW[637] zoning, offering excellent development potential. Key updates include a new 50-year roof installed in 2018 and recently renovated units. Located in a prime area near the 417 Highway, major LRT stations at Blair and Cyrville, this property provides a great investment opportunity with stable income and future growth possibilities.
Price $2,799,990
Taxes: $9,178
Occupancy by: Tenant
Address: 1549 MAXIME St , Cyrville - Carson Grove - Pineview, K1B 3K9, Ontario
Postal Code: K1B 3K9
Province/State: Ontario
Legal Description: PT LT 22, CON 2OF , AS IN N354227 ; GLOU
Lot Size: 79.9 x 131.93 (Feet)
Directions/Cross Streets: From Innes Road, turn left onto Cyrville Road and then turn right onto Maxime Street. The property w
Zoning: R1WW[637]
Category: Apartment
Insurance Expense: $3068
Water Expense: $3176
Gross Income/Sales: $101530
Net Income Before Debt: $96305
Heat Type: Baseboard
Central Air Conditioning: Other
Sewers: Sewers
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL STAR REALTY INC.

1549 MAXIME St , Cyrville - Carson Grove - Pineview, K1B 3K9, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Cyrville - Carson Grove - Pineview
Neighbourhood: 2204 - Pineview
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Lot Size: 79.90 x 131.93(Feet)
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Tax: $9,178
Maintenance Fee: $0
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