$ 2,449,000
260, 262, 264 BRONSON AVENUE Ottawa, ON K1R6H8
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$ 2,449,000
Est. payment | /mo
$ 2,449,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision West Center Town
MLS® Listing ID 1415395
Originating Board Ottawa Real Estate Board
Year Built 1930
Property Description
Excellent Income producing Investment property features 3 large attached 4-bedroom Townhomes & 10 outdoor parking spots - Great Development Potential - Zoned TM [2214] with multi-use zoning opportunities - Gross Income of approx. $120,072 - Great possibility of building expansion as townhomes are situated very close to the frontage line which could potentially increase income and potentially pay down mortgage very quickly with right expansion project - All 3 townhomes include good tenants, 4-Bedrooms & 2 Full bathrooms and have undergone extensive renovations. Each Townhome has it's own furnace, laundry, hydro meter & water meter resulting in tenants paying for all utilities resulting in a very strong Net Income of approx. $97,900 not including Mortgage costs. Located in one of the Main Corridors to the exciting Future Development of LeBreton Flats - walking distance to LRT Stations & minutes to Downtown/both Main Universities & many of the National Capitals major tourists attractions. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Unknown
Flooring Hardwood, Tile, Other
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Listed by RE/MAX HALLMARK REALTY GROUP
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Gabriela Humeniuk
Real Broker