Mirna Botros
613-600-2626734 De Leglise Street - $799,000
734 De Leglise Street - $799,000
734 De Leglise Street
$799,000
3404 - Vanier
Ottawa, OntarioK1K3K6
5 beds
3 baths
4 parking
MLS#: X13544702Listed: about 3 hours agoUpdated:about 2 hours ago
Description
Excellent opportunity to own a well-maintained all-brick triplex offering strong cash flow and long-term investment potential. This solid multi-family property features three self-contained units consisting of two 2-bedroom apartments and one 1-bedroom apartment, for a total of 5 bedrooms. All tenants are currently on month-to-month leases, providing flexibility for investors looking to optimize rents or owner-occupants seeking future occupancy options.The property currently generates $4,500/month ($54,000 annually) in gross rental income. Unit 1 rents for $1,500/month, Unit 2 for $1,300/month (long-term tenant of approximately 10 years), and Unit 3 for $1,700/month. Tenants are responsible for their own hydro, while the building is heated by a central boiler system. Additional utility features include four separate gas meters and three individual hot water tanks, one servicing each unit.Several major capital improvements have already been completed, including foundation underpinning (2012), new roof drain and re-routing of the drain pipe (2019), and renovations to the front common area with new carpet, drywall and insulation (2019). Bathrooms in Units 1 and 2 have also been tastefully renovated.Additional features include shared laundry, 4 rear parking spaces, and 4 private storage lockers, adding convenience and value for tenants.Whether you're an experienced investor or looking to add a quality income property to your portfolio, 734 De L'Église Street offers reliable income, solid building systems, and future upside in a well-established Ottawa neighbourhood. (id:58075)Details
Details for 734 De Leglise Street, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Triplex
- Storeys
- 3
- Neighborhood
- 3404 - Vanier
- Land Size
- 42.5 x 106.5 FT
- Year Built
- -
- Annual Property Taxes
- $6,165
- Parking Type
- No Garage
Inside
- Appliances
- -
- Rooms
- -
- Bedrooms
- 5
- Bathrooms
- 3
- Fireplace
- -
- Fireplace Total
- -
- Basement
- None
Building
- Architecture Style
- -
- Direction
- Montreal Rd, turn on De L'Eglise. Passed Cote St, property is the first on the right. Or from McArthur Ave, turn on De L'Eglise.
- Type of Dwelling
- triplex
- Roof
- -
- Exterior
- Brick
- Foundation
- Poured Concrete
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 42.5 x 106.5 FT
- Zoning
- -
- Zoning Description
- R4B
Parking
- Features
- No Garage
- Total Parking
- 4
Utilities
- Cooling
- None
- Heating
- Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- Carpet Free
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 734 De Leglise Street, Ottawa, OntarioMap
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