1160 MERIVALE ROAD$3,699,000

#1348668

N/A bed

N/A bath

About the Property

Great investment opportunity with tons of upside potential! This well maintained, purpose built, 16 unit- 5 storey apartment building is Centrally located and walking distance to many amenities including the experimental farms, transit, dining and shopping. The building offers a mix of 4 bachelor apartments and 12 one bedroom apartments with an elevator, onsite fitness room , coin operated laundry facilities, and a total of 11 parking spots. Each unit is separately metered for hydro and has at least one balcony. Great upside potential to increase rental income by 50% on average Call today to ask for your investor package! (id:46641)

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Listing Agent

Stephane Lalonde

Salesperson

(613) 230-7653

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Realtor.ca

Property Details

City: Ottawa

Neighbourhood: Carlington

Property

Property Type

Multi-family

Ownership Type

Freehold

Land Depth

128 ft

Building

Storeys

5

Exterior Finish

Brick

Heating Type

Baseboard heaters

Foundation Type

Block, Poured Concrete

Parking Space Total

11

Measurements

Additional Info

Listing Contract Date

2023-06-28

Zoning Description

TM

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