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$3,150,000
Available - For Sale
Listing ID: X9516454
Discover an exceptional investment opportunity with this six-unit building, featuring generously sized and fully occupied units. The property comprises four expansive 4-bedroom units and two 6-bedroom units, all equipped with in-unit laundry. Perfect for any investor, this building is nestled in a prime location just steps from Rideau Centre, the University of Ottawa, parks, and a variety of amenities. Strategically positioned in one of the city's most robust rental markets, this outstanding property offers immediate rental income with substantial potential for future growth. Don't miss your chance to explore this must-see investment, primed to deliver excellent returns in an unbeatable location.48 Hours Notice for all showings & 48 Hour Irrevocable on all offers **EXTRAS** Other in expenses are Snow, garbage & lawn care. See attached for complete income and expenses. Capital expenditure statement will be provided upon request. Maintenance amount on MLS is estimated at 5% of income.
Price $3,150,000
Taxes: $27,245
Tax Type: Annual
Occupancy by: Tenant
Address: 185 HENDERSON Avenue , Lower Town - Sandy Hill, K1N 7P7, Ottawa
Postal Code: K1N 7P7
Province/State: Ottawa
Legal Description: LT 30, PL 45224 , E/S HENDERSON AV CITY
Lot Size: 12.19 x 101 (Feet)
Directions/Cross Streets: King Edward right on Somerset turn right at the first cross street onto Henderson Ave
No. of Pieces Level
Washroom 1 0
Washroom 2 0
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Washroom 4 0
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Washroom 142 0
Washroom 143 0
Washroom 144 0
Washroom 145 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 0
Total Area Code:  Square Feet
Approximatly Age: 6-15
Taxes Expense: $27245
Insurance Expense: $5728
 Management Expense: 13370
Maintenance: 0
 Heat Expenses: $3431
 Hydro Expense:  $2279
Water Expense: $4656
Other Expenses: $7194
Gross Income/Sales: $288730
Operating Expenses: $78218
Net Income Before Debt: $210512
Year Expenses: 2024
Expenses Actual/Estimated: $Act
Sprinklers: Unkn
Heat Type: Unknown
Central Air Conditioning: Yes
Sewers: Unknown
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EXP REALTY

185 HENDERSON Avenue , Lower Town - Sandy Hill, K1N 7P7, Ottawa

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4004 - Sandy Hill
Style:
Lot Size: 12.19 x 101.00(Feet)
Approximate Age: 6-15
Tax: $27,245
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949