Mirna Botros

613-600-2626

124 126 Irving Avenue - $1,779,900

124 126 Irving Avenue - $1,779,900

124 126 Irving Avenue

$1,779,900

4203 - Hintonburg
Ottawa, OntarioK1Y1Z4
0 beds
6 baths
5 parking
MLS#: X13838492Listed: about 2 hours agoUpdated:about 1 hour ago

Description

Offered for the first time in nearly 50 years, this impressive three-storey, red-brick six-unit building presents a rare investment opportunity in the heart of Hintonburg. Lovingly maintained and thoughtfully updated, the property combines classic character, and significant improvements to major building systems. Unit features include hardwood floors, high ceilings, fireplaces, generous sized principal rooms, enclosed sunrooms, large west-facing rear patios providing valuable outdoor living space, and absolutely fantastic tenants. Extensive updates over the years include a complete electrical upgrade (2014-2022), all modern plumbing including stacks (mostly 2022), windows (mostly 2019+), architectural style roofing (2017-2019) and heating systems (2022), offering an excellent foundation for continued ownership. Ideally positioned just steps from Hintonburg's shops, restaurants, cafés and transit, the property benefits from an exceptional central location and strong tenant appeal. Gross income of $120,240, and expenses of $26,923, gives 124-126 Irving Avenue a strong CAP rate of 5.24% with room to increase. This is a rare opportunity to acquire a substantial multi-residential property in one of Ottawa's most desirable urban neighbourhoods. 2026 Fire Code Compliance Certificate will be made available to the buyer on or before closing. (id:58075)

Details

Details for 124 126 Irving Avenue, Ottawa, Ontario
Property Type
Multi Family
Building Type
Multi Family
Storeys
-
Neighborhood
4203 - Hintonburg
Land Size
Bldg=50 x 114.36 FT
Year Built
-
Annual Property Taxes
$12,779
Parking Type
-
Inside
Appliances
Washer, Dryer
Rooms
-
Bedrooms
-
Bathrooms
6
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Cross Streets: Irving and Gladstone. ** Directions: North on Irving from Gladstone.
Type of Dwelling
multi_family
Roof
-
Exterior
-
Foundation
-
Flooring
-
Land
Sewer
-
Lot Size
Bldg=50 x 114.36 FT
Zoning
-
Zoning Description
Residential
Parking
Features
-
Total Parking
5
Utilities
Cooling
None
Heating
Radiant heat, Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 124 126 Irving Avenue, Ottawa, Ontario
LevelNameDimensions
Mirna Botros

Contact Mirna

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