$2,600,000
( )
 $13,957 est/mo Sourced by Back At You

Address Unavailable , Glebe - Ottawa East and Area, ON K1S 0Z3

Glebe - Ottawa East and Area, ON K1S 0Z3

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Description

Substantially rebuilt 9-unit apartment building located within walking distance of Ottawa University Lee's Campus, Main Campus, and St Paul's University campus. Largely rebuilt down to the studs in 2019 from the basement to the roof. The long list of work included concrete repair, membrane around the foundation, plumbing infrastructure with water submeters for all units, electrical, upper roof, tankless boiler, radiators, windows, fire alarm system, asphalt, appliances, and completely remodeled units. All tenants pay for electricity and water in addition to their rent. Paid parking and coin laundry. Heating is a central tankless boiler system with high-efficiency radiators. All rents are currently quite below the market value giving the successful buyer a substantial upside opportunity. Tenants are a mix of students and young professionals. Rarely available, this is a long-term legacy investment opportunity for you and your family. No vendor mortgage is available.

Details

MLS#X9519069
Listing TypeFor Sale
Sub-TypeResale
StatusSold Conditional
Days On Site89
Listing Provided ByKELLER WILLIAMS INTEGRITY REALTY | Not Provided

Features

BasementY
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

StateON
CountyOttawa
CityGlebe - Ottawa East and Area
Zip CodeK1S 0Z3
Area4407 Ottawa East
Listing VS Median (in K1S 0Z3)
Price:
$2,600,000
low | high
Med:
$0
On Site:
89
low | high
Med:
Sourced by Back At You
Listing Updated: December 3, 2024 at 11:51:40 PM PST