1016-1018 MAITLAND AVENUE$2,100,000

#1347186

N/A bed

N/A bath

About the Property

HEY SAVVY MONEY MAGNETS - 6% cap rate. Explore this fully-occupied fourplex in the city's vibrant west end and with easy highway access. The property comprises five unique apartments, each with high ceilings, large windows, in-unit laundry, and a fully-equipped kitchen. Enjoy the added benefit of ample surface parking and its potential to generate additional income. The property comes with five hydro meters and four owned hot water tanks as well. Occupancy permits for four units are already in place. This strategic location and the building's modern aesthetics make it an ideal opportunity for potential investors. Maybe this is where your dream of an AirB&B empire begins. (id:46641)

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Listing Agent

Jenna Swinwood

Broker of Record

(613) 699-2079

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Property Details

City: Ottawa

Neighbourhood: Woodward Industrial Park

Lot Size: 0.14 ac

Build Year: 1960

Property

Property Type

Multi-family

Land Size

0.14 ac

Land Depth

123 ft ,10 in

Features

Balcony

Building

Basement Development

Finished

Basement Type

Full (Finished)

Storeys

2

Building Style

Fourplex

Exterior Finish

Stone, Siding

Heating Type

Baseboard heaters

Cooling Type

Window air conditioner

Foundation Type

Poured Concrete

Parking Space Total

7

Measurements

Additional Info

Lease Type

Gross

Listing Contract Date

2023-07-10

Zoning Description

R2F

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