MLS#: X13467972Listed: about 8 hours agoUpdated:about 5 hours ago
Description
Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6 plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, in a parking lot that is 2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; fridge/stove/dishwasher/ microwave. Separate meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI = $118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, BMO branch and LCBO are a 10-minute walk away; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being re-developed and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for joggers & dog walkers. Great location for renters and investors alike. (id:58075)
Details
Details for 13 Acacia Avenue, Ottawa, Ontario
Property Type
Multi Family
Building Type
Other
Storeys
3
Neighborhood
3302 - Lindenlea
Land Size
40.1 x 142 FT ; North line = +13 ft vs. South line
Year Built
-
Annual Property Taxes
$12,122
Parking Type
No Garage
Inside
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater
Rooms
-
Bedrooms
8
Bathrooms
6
Fireplace
-
Fireplace Total
-
Basement
Finished, Separate entrance, Walk out, N/A, N/A
Building
Architecture Style
-
Direction
Cross Streets: Acacia & Beechwood. ** Directions: Beechwood to Acacia.
Type of Dwelling
other
Roof
-
Exterior
Brick
Foundation
Concrete
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
40.1 x 142 FT ; North line = +13 ft vs. South line