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$2,800,000
Available - For Sale
Listing ID: X9516451
Discover an extraordinary investment opportunity with this unique mixed rooming house, featuring 23 units in total. The property includes 15 bachelor units with shared amenities such as three kitchens, three full baths, and two communal living spaces, as well as 8 fully independent one-bedroom units. This configuration offers exceptional flexibility and income potential. Situated in a prime location just steps from Rideau Centre, the University of Ottawa, parks, and various attractions, it stands in one of the city's most robust rental sectors. Don't miss your chance to explore this must-see investment property, promising excellent returns in an unbeatable location.
Extras:   The heating system is a boiler. Other in expenses are telecom/phone/internet, HWT Rental, Snow, garbage & lawn care. See attached for complete income and expenses. Capital expenditures can be found on Financials. Maintenance is 5% of income
Price $2,800,000
Taxes: $18,566
Tax Type: Annual
Occupancy by: Tenant
Address: 119 DALY Ave , Lower Town - Sandy Hill, K1N 6E6, Ontario
Postal Code: K1N 6E6
Province/State: Ontario
Legal Description: LT 8, PL 6 , N OF DALY AV, S/T & T/W NS1
Lot Size: 66 x 99 (Feet)
Directions/Cross Streets: Laurier to Kind Edward, Left on Daly Ave
Zoning: Residential
Category: Apartment
Building Percentage: Y
Total Area: 0
Total Area Code:  Acres
Taxes Expense: $18556
Insurance Expense: $14268
 Management Expense: 10436
Maintenance: 5,998
 Heat Expenses: $5613
 Hydro Expense:  $8135
Water Expense: $9978
Other Expenses: $21626
Gross Income/Sales: $235024
Operating Expenses: $94616
Net Income Before Debt: $140408
Year Expenses: 2023
Expenses Actual/Estimated: $Est
Sewers: None
Water: Municipal
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
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.
EXP REALTY

119 DALY Ave , Lower Town - Sandy Hill, K1N 6E6, Ontario


 
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Type: Com - Investment
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4003 - Sandy Hill
Style:
Lot Size: 66.00 x 99.00(Feet)
Approximate Age:
Tax: $18,566
Maintenance Fee: $5,998
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Garage: 0
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