Maximum 4 project can be compared at one go.
$1,150,000
Status: For Sale
Prime investment opportunity in the heart of Carlington with easy access to amenities. This exceptional 4-unit multiplex has been renovated and offers great income potential. Projected annual rental income exceeding $103k as of May 2025. The four units are comprised of two expansive 3-bedroom units on main and upper floors (1387A and 1389A) and two 1-bedroom basement units (1387B and 1387B) with their own separate entrance. Currently, the building hosts a great tenant-base. Basement units are each rented at $1800 per month (both leases end Dec 31, month to month to follow), one upper unit is vacant (1389A) and the other upper unit is rented at $2200 per month (1387A), those tenants leaving at the end of April 2025. Both upstairs units could rent for $2500 each. Each unit has its own laundry. Potential for buyer to occupy one of the upper 3-bedroom units. This investment property is perfect for first-time investors looking to enter the market or seasoned investors adding to their portfolio. Power of sale provisions apply therefore property being sold As Is. 48 hours irrevocable on offers.
| Property Type | :Residential |
|---|---|
| MLS Number | :X11249970 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :27 Nov, 2024 (7 Days ago) |
| Source | :TRREB |
| Area | :Ottawa |
|---|---|
| Postal Code | :
K1Z 7Y5
|
| Price | : $1,150,000 |
|---|---|
| Property Taxes | :$5851.00 |
| Tax Year | :2024 |
|---|
| Bedrooms | :6 + 2 |
|---|---|
| No. of Rooms | :14 |
| Air Conditioning | :None |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Kirkwood/Raven |
| Bathrooms | :4 |
|---|---|
| Fuel | :Gas |
| Living | :6.88 m x 4.05 m |
|---|---|
| Kitchen | :4.15 m x 2.46 m |
| 2nd Br | :4.73 m x 3.16 m |
| Bathroom | :2.74 m x 1.77 m |
| Kitchen | :3.05 m x 2.34 m |
| Bathroom | :2.69 m x 2.18 m |
| Dining | :4.15 m x 2.57 m |
|---|---|
| Prim Bdrm | :4.89 m x 3.16 m |
| 3rd Br | :3.04 m x 2.42 m |
| Living | :4.75 m x 2.26 m |
| Prim Bdrm | :3.48 m x 2.44 m |
| Laundry | :1.52 m x 0.91 m |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :4 |
| Basement | :Apartment |
| Garage | :None |
|---|---|
| Park | :Park |
27 Nov, 2024
TREB #X11249970
Listed
$1150000.0
