New ListingThis Completely Updated 6 unit apartment building which enjoys premium rental location, is just minutes to downtown, steps to the cafes/restaurants along Beechwood Avenue, steps to shopping, surrounded by parks, and minutes to the Rideau River and Ottawa River. The apartments are charming, spacious and bright and are in excellent condition with modern kitchens, all with dishwashers, and attractive modern bathrooms. Lovely flooring throughout. There are three - 3 bedroom apartments and three - 2 bedroom apartments. The roof is just three years old (redone in 2023) and the windows are modern pvc windows.There are four parking spaces and coin operated laundry is located in the building. This is an impeccable low maintenance and beautifully updated building, which enjoys excellent rental location with very desirable 2 and 3 bedroom apartments and is the ideal investment property. The Annual Gross Revenue is $141,348.00. The Annual Expenses are $27,4988. The Net Income is $113,860.00 per year. Rent Roll and Financial Statement available upon request. 48 hour notice required for all showings.
| MLS # | X13721962 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 7 |
| Listing Provided By | FIRST CHOICE REALTY ONTARIO LTD. | X13721962 489000 |
| Bed(s) | 15 |
|---|---|
| Bath(s) | 6 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.11 |
| Interior Features | Other |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Membrane |
|---|---|
| Foundation Details | Poured Concrete |
| Construction Materials | Brick, Vinyl Siding |
| Garage Yes / No | No |
|---|
| Sewer | Sewer |
|---|
| Tax Annual Amount | 10418 |
|---|---|
| Tax Legal Description | PCL 135-1, SEC 4M-42 ; PT LT 135 & LT 136, PL 4M-42 , S/S IVY ST, BEING THE WLY 16 FT 6 INCHES (FROM FRONT TO REAR) OF LT 135, PL 4M-42 ; VANIER/GLOUCESTER |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Ottawa |
| City | Vanier and Kingsview Park |
| Postal Code | K1L 7Z2 |
| Area | 3402 Vanier |
| Listing VS Median (in K1L 7Z2) | |
Price: $1,899,000 low | high Med: $0 On site: 7 low | high Med: | |
| Province | ON |
|---|---|
| County | Ottawa |
| City | Vanier and Kingsview Park |
| Postal Code | K1L 7Z2 |
| Area | 3402 Vanier |
| Listing VS Median (in K1L 7Z2) | |
Price: $1,899,000 low | high Med: $0 On site: 7 low | high Med: | |