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Jean Richer & Irene Bilinski
Bilingual Sales Representatives

95 IRVING AVENUE Ottawa, K1Y1Z3

1,296K For sale

MLS ID: 1070876

Property Details

Fantastic turn-key 6-plex investment property in desirable Hintonburg. Plenty of upside to be had with rental rates significantly increasing over the years. Current Net Operating Income $59,908 with the potential to increase to $70,348 with today's rental rates. Unit breakdown: #1 - 2 bedroom, $1,072 ; #2 - 2 bedroom, $1,218 ; #3 - 2 bedroom, $1,060 ; #4 - 2 bedroom, $1,300 ; #5 - 1 bedroom, $945 ; #6 - bachelor, $735. Parking $200/month, laundry $100/month. Apt #4 is the only lease on term (rented July 2017), remaining units are month to month. All 2 bedroom have the potential to rent for $1,300 and even higher with renovations. Invest and watch your equity grow! 24 hours irrevocable on all Offers. Minimum 24 hours notice on all showings and viewings of 3 units until Conditional Offer (#2,4,6).

Community Features


Learn More About "Hintonburg"

This Multi-family property is located in the neighbourhood of Hintonburg in the Ottawa area. Built in 1950, the property includes and is priced at $1,295,500.

When considering this Ottawa real estate, proximity to important landmarks and destinations can be one of the main factors in buying this home.


Consider the distance to some of the following areas:
Downtown Ottawa 2.66 KM
Lansdowne Park 2.73 KM
Carleton University 2.79 KM
City of Hull/Gatineau 2.88 KM
University of Ottawa 3.58 KM
St. Laurent Mall 6.77 KM
Algonquin College 6.94 KM
Bayshore Mall 9.16 KM
Place d'Orléans 18.16 KM
Canadian Tire Centre 19.99 KM

Also noting the proximity to various schools is important:

Priced at $1,295,500, you can own this Ottawa Multi-family property, for as little as ${{Data.ModgaeModel.MonthlyPayment}} monthly. Our real estate agents are available to answer any questions about this Hintonburg, Ottawa home.



Amenities

Price 1,296K
Status For sale
Type Multi-family
Location 95 IRVING AVENUE
Total Parking 4
Year Built 1950
Exterior Finish Brick
Heating Radiant heat
Cooling Type None
Foundation Type Poured Concrete
Brokerage COLDWELL BANKER RHODES & COMPANY

Room and Dimesnions

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