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258, 260, 262, 264 Bronson Avenue S Ottawa, Ontario K1R 6H8

7,200 ft2
Partially Air Conditioned Other

$3,549,000

Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey Development with Multiple Use. Enjoy a good income producing investment (approx. 4.6 Cap Rate when fully rented) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to LRT Station, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with an estimated potential rent of $2,900 per month (top 3-bedroom unit is fully completed & presently occupied by one of the owner's and lower unit is semi finished). Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $198,600 - Estimated Gross Expenses are $32,491.66 - Estimated New Income before mortgage costs are $166,108,34. (id:37351)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X11980773
Property Type Multi-family
Neigbourhood Quarry Glen
Community Name 4204 - West Centre Town
AmenitiesNearBy Public Transit
ParkingSpaceTotal 15

Building

Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
CoolingType Partially Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 7,200 Ft2
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
SizeDepth 99 Ft
SizeFrontage 104 Ft ,4 In
SizeIrregular 104.38 X 99 Ft
SizeTotalText 104.38 X 99 Ft
ZoningDescription Tm [2214]

https://www.realtor.ca/real-estate/27934759/258-260-262-264-bronson-avenue-s-ottawa-4204-west-centre-town

Contact Us

Contact us for more information


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Marc Leduc
Salesperson

(613) 286-4501

RE/MAX Hallmark Realty Group
610 Bronson Avenue
Ottawa, Ontario K1S 4E6

(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com/

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