Mirna Botros
613-600-262626 Mcarthur Avenue - $5,000,000
26 Mcarthur Avenue - $5,000,000
26 Mcarthur Avenue
$5,000,000
3403 - Vanier
Ottawa, OntarioK1L6R2
16 beds
12 baths
0 parking
MLS#: X12392560Listed: about 24 hours agoUpdated:about 5 hours ago
Description
Brand-new 12-unit apartment building located in Ottawa, offering strong income potential with an estimated annual rent roll of $300,600. The property consists of eight one-bedroom and four two-bedroom apartments, each equipped with five appliances and individual storage lockers. The units feature luxury vinyl tile flooring in the living areas, kitchens, and bedrooms, complemented by ceramic tile in the bathrooms. Modern design and quality finishes are consistent throughout the building. Please note that there is no on-site parking.As a newly constructed building, this is a turnkey, low-maintenance investment ideally situated in a high-demand rental market. Based on current projected revenue and normalized expenses, the cap rate is estimated at 4.21%. Asking rents are set at $2,400 for the two-bedroom units, $1,950 for the one-bedroom units, and $1,800 for a basement one-bedroom unit. This represents a rare opportunity to acquire a newly built, income-generating property with strong rental demand and solid long-term upside in Ottawas competitive multi-residential market. (id:58075)Details
Details for 26 Mcarthur Avenue, Ottawa, Ontario- Property Type
- Single Family
- Building Type
- House
- Storeys
- -
- Neighborhood
- 3403 - Vanier
- Land Size
- 47.8 x 91.8 FT
- Year Built
- -
- Annual Property Taxes
- $14,637
- Parking Type
- No Garage
Inside
- Appliances
- Water Heater
- Rooms
- -
- Bedrooms
- 16
- Bathrooms
- 12
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Finished, Apartment in basement, N/A
Building
- Architecture Style
- -
- Direction
- Lake Ave. W
- Type of Dwelling
- house
- Roof
- -
- Exterior
- Stone
- Foundation
- Poured Concrete
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 47.8 x 91.8 FT
- Zoning
- -
- Zoning Description
- -
Parking
- Features
- No Garage
- Total Parking
- -
Utilities
- Cooling
- Air exchanger, Ventilation system, Wall unit
- Heating
- Hot water radiator heat, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- Flat site, Carpet Free
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 26 Mcarthur Avenue, Ottawa, OntarioMap
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