Mirna Botros

613-600-2626

26 Aylmer Avenue - $1,699,000

26 Aylmer Avenue

$1,699,000

4403 - Old Ottawa South

Ottawa, OntarioK1S2W9

0 beds

0 baths

null parking

MLS#: X12813150Listed: 6 days agoUpdated:5 days ago

Description

Incredible investment opportunity in the heart of Old Ottawa South! This fully tenanted multi-unit property sits on an expansive 30' x 161' lot and features a newer 3,000 sq. ft. addition, creating four self-contained apartments in total.The building includes one spacious 3-bedroom unit, two well-appointed 2-bedroom units, and one 1-bedroom unit. The original front unit has been tastefully updated with hardwood floors, granite countertops, modern cabinetry, and a renovated bathroom. It also features its own furnace (2020), A/C (2017), and rented hot water tank. The 2017 addition was thoughtfully constructed with two furnaces and two central A/C units. Additional improvements include roof (2017) and sump pump (2017). The property is serviced by 3 hydro meters, 3 gas meters, and 1 water meter. All units offer the convenience of in-unit laundry. Currently generating $11,349.31 in gross monthly rental income with a 6.3% cap rate. The property is legal as it stands, and the City of Ottawa has suggested potential for a 5-plex configuration, offering future upside for increased income. (id:58075)

Details

Details for 26 Aylmer Avenue, Ottawa, Ontario

Property Type: Multi Family
Building Type: Multi Family
Storeys: -
Neighborhood: 4403 - Old Ottawa South
Land Size: 30.36 x 161.96 FT
Year Built: -
Annual Property Taxes: $15,949
Parking Type: -

Inside

Appliances: Washer, Dishwasher, Dryer
Rooms: -
Bedrooms: -
Bathrooms: 0
Fireplace: -
Fireplace Total: -
Basement: -

Building

Architecture Style: -
Direction: Cross Streets: Bank St/Aylmer Ave. ** Directions: Bank street near Lansdowne Park, west on Aylmer Ave, house is on the south side of Aylmer Ave.
Type of Dwelling: multi_family
Roof: -
Exterior: -
Foundation: -
Flooring: -