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Est. payment /mo
8 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 5301 - Carlington
MLS Listing ID X13483634
Style 3-Storey
Bedrooms 8
Annual Tax Amount $11,281
Tax Year 2026
Property Sub-Type Multiplex
Property Description
Description: Turn-key 6-unit multifamily in west-central Ottawa - a well-kept, purpose-built brick low-rise with durable cash flow and upside. Mix of four 2-bed/1-bath suites and two 1-bed/1-bath, many renovated with updated finishes.Approx. $128,040 gross income and projected NOI near $100,700 - a 5.05% cap rate at $1,995,000. Includes 3 garages, 9 surface spaces, 6 interior lockers, and coin operated laundry. Recent capital work: pavement (2024), front door (2023), foundation sealing (2018), windows (2018), boiler and roof (2015). Professionally managed by Easy Street Services. Steps from Westboro, Hintonburg and Wellington West, with quick access to the Civic Hospital, downtown, Carleton University, Algonquin College and the rest of Ottawa through the nearby highway 417. Potential upside through turnover, suite upgrades, and storage income; CM1 zoning may support future development (buyer to verify). Offered as-is; figures to be verified. Limitations to showings: 9:30 am to 2 pm Tuesday and Thursday, 9 am to 3 pm Monday, Wednesday, Friday, Saturday, Sunday. Some photos virtually staged.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Full
Kitchen 6
Separate Den/Office 2
Interior
Interior Features Other
Cooling Other
Inclusions 6 refrigerators, 6 stoves, 1 dishwasher, 1 washer dryer combo, 1 coin operated washer, 1 dryer.
Exterior
Garage Spaces 3.0
Pool None
Roof Type Other
Lot Frontage 83.0
Lot Depth 109.0
Total Parking Spaces 12
Building
Foundation Concrete
Others
Senior Community Yes
ParcelsYN No
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Listed by GRAPE VINE REALTY INC.
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