BEST VALUE IN OTTAWA, BUY A WHOLE BUILDING AND MAKE TONS OF MONEY WITH THIS CASH COW! Perfect opportunity to Owner-Occupy in one of Ottawas premier rental markets - Sandy Hill. This cornerstone opportunity can be the one that carries your entire portfolio, because the owner is able to offer a favourable VTB for qualified borrowers. With 20% down you can CASHFLOW OVER TEN THOUSAND DOLLARS/MONTH from day 1! Even better now because included is the sale of the business that NETs over 100k per year (VALUE of $300k +) This standalone building offers the main floor and basement restaurant / bar with over 3100 sq ft, as well as two 2-bedroom units totalling approx. 1560 sq ft. on the upper floors. NOI approx. 161k, which is a 6.7% CAP rate, which is almost impossible to beat in this area right now. Parking for up to 4 vehicles. Situated close to the Rideau Centre, U of O, Adawe Bridge, Access to 417, 48 hours notice for all showings, and 48 hours notice for all offers. (id:37351)
MLS® Number | X12453921 |
Property Type | Retail |
Community Name | 4004 - Sandy Hill |
Appliances | Freezer, Hood Fan, Washer |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Other |
SizeExterior | 4706 Sqft |
SizeInterior | 4,706 Ft2 |
Type | Residential Commercial Mix |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 71 Ft |
SizeFrontage | 62 Ft |
SizeIrregular | Bldg=62 X 71 Ft |
SizeTotalText | Bldg=62 X 71 Ft |
ZoningDescription | R4s[480], Lc1[2262] |
https://www.realtor.ca/real-estate/28970784/244-246-laurier-avenue-e-ottawa-4004-sandy-hill
Contact us for more information
Sean Tasse
Broker
(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com/