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Muhamed Awada

info@awadahomes.com +1(613) 720-4237

$1,395,000

Est. payment - /mo

6 Beds

5 Baths

3,000 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000 - 3500

Square Footage 3,000 sqft

Price per Sqft $465

Subdivision 4402 - Glebe

MLS® Listing ID X13739076

Bedrooms 6

Property Description

A rare opportunity in the heart of the Glebe. This 2.5 storey property offers the kind of flexibility and investment potential that rarely comes to market in one of Ottawa's most sought-after neighbourhoods. Featuring five self-contained apartments, each with its own living space, the property provides multiple income streams while offering the long-term appeal of owning in the heart of the Glebe. The build has the potential $77,500 net revenue or a 5.56% cap rate. The unit mix includes a two-bedroom apartment, and four one bedroom apartments, and there are five bathrooms in total. A dedicated basement locker/storage area adds valuable space for tenants or the owner, while ample parking is an especially attractive feature in this location. Whether you're looking to expand an existing portfolio, establish a foothold in the Glebe, or take advantage of the property's income-producing configuration, this is an opportunity worth a closer look. The location, layout and flexibility create a compelling combination that is increasingly difficult to find. Five apartments. Ample parking. Basement storage. A prime Glebe location. And plenty of potential. (id:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Second level 4.72 m X 3.66 m Living room

Extra Room 2 Second level 4.8 m X 3.43 m Kitchen

Extra Room 3 Second level 3.4 m X 3.15 m Bedroom

Extra Room 4 Second level 5.39 m X 3.76 m Living room

Extra Room 5 Second level 2.97 m X 2.54 m Bedroom

Extra Room 6 Third level 2.79 m X 2.18 m Dining room

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 5

Garage No

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

Others

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Listed by RE/MAX ABSOLUTE WALKER REALTY

NEARBY SCHOOL & BUSINESS

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Muhamed Awada

+1(613) 720-4237

Real Estate Agent License ID: 4726552

120 STRATHCONA AVENUE Ottawa, ON K1S1X6

Muhamed Awada

Key Details

Location

Rooms

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION