Jag Patel
Broker
$1,600,000
Available - For Sale
Listing ID: X12067049
95/97 CONCORD Stre North , Glebe - Ottawa East and Area, K1S 0Y7, Ottawa
| Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current cap rate of over 6% ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a newer boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth. |
| Price | $1,600,000 |
| Taxes: | $11084.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 95/97 CONCORD Stre North , Glebe - Ottawa East and Area, K1S 0Y7, Ottawa |
| Postal Code: | K1S 0Y7 |
| Province/State: | Ottawa |
| Legal Description: | LT 2, PL 48 , E CONCORD ST ; S/T SPOUSAL |
| Lot Size: | 20.13 x 98.82 (Feet) |
| Directions/Cross Streets: | Corner of Concord St N and Havelock |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 6512.16 |
| Total Area Code: | Square Feet |
| Water Expense: | $1938 |
| Net Income Before Debt: | $98051 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Radiant |
| Central Air Conditioning: | No |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 SYNERGY REALTY INC |
|
|
Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Glebe - Ottawa East and Area |
| Neighbourhood: | 4408 - Ottawa East |
| Lot Size: | 20.13 x 98.82(Feet) |
| Tax: | $11,084 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
