$ 1,589,900
Property Attributes
  • MLS#1219111
  • TypeMulti-Family
  • CityOttawa
  • NeighbourhoodOverbrook-Castle Heights
  • Postal CodeK1K 1M7
  • Style
  • Price$ 1,589,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Re/Max Hallmark Realty Group
Property Description

Unique property that has 14 bachelor units with another two units that share accommodations. Huge income that comes with a 7.4 % cap rate. Perfect for the investor looking to get a good return for the invested dollar. 24 hours notice for showings and 24 hours irrevocable on all offers. Some rents will be going up Dec 1, 2020. The Buyer to do their own due diligence with this property. Please note zoning has recently changed from R4N to R4UC-c. With the current lot size you are allowed to have 9+ units and can build up to 11 metres in height. (id:27)

Price History
12/5/2020 Listed $1,589,900

General Features

Garage no
Listing Type Investment
Neighbourhood Overbrook/Castle Heights
Parking yes
Parking Spaces 4
Property Type Multi-family
Sewer Municipal sewage system
Terms SALE
Wheel Chair Access no
Zoning R4N

Interior Features

Cooling Type None
Fireplace no
Foundation Type Block, Poured Concrete
Heating Fuel Natural gas
Heating Type Radiant heat

Exterior Features

Exterior Finish Siding
Lot Frontage 50.0
Lot Size 50 ft X 116.75 ft
Pool Y/N no


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in K1K 1M7

AVG $1.59M
AVG 83
AVG 64
Data Provided by Walkscore ® not using MLS data

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