LOCATION LOCATION! Modern Newer Built (2013) 8 unit complex in the sought after Westboro/Hampton Park community of Ottawa. Complex consists of 2 x one bedroom and 6 x two bedroom units all with top end finishes including granite counter tops, hardwood floors and stainless steel appliances. Each unit has access to an outdoor space (balcony/entrance), large bedrooms and plenty of natural light. Storage for garbage, recycling and composting available for tenants. Complex is low maintenance with A+ tenants. Lots of room for future rental increases with tenant turnover. 2024 NOI $119,483 and CAP 4.5%; 2025 NOI $129,495.11 and CAP 4.9%; 2026 NOI $137,767.80 and Cap 5.2% (based on recent turnovers and standard rental increases of 2.5%). Assumable CMHC mortgage @4.5% if needed- matures May 2029. (id:37351)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X12256609 |
| Property Type | Multi-family |
| Community Name | 5003 - Westboro/Hampton Park |
| AmenitiesNearBy | Public Transit, Recreation |
| ParkingSpaceTotal | 4 |
| Age | 6 To 15 Years |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 5610 Sqft |
| SizeInterior | 5,610 Ft2 |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit, Recreation |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | Bldg=50 X 100 Ft ; 0 |
| SizeTotalText | Bldg=50 X 100 Ft ; 0 |
| ZoningDescription | R4uc |
https://www.realtor.ca/real-estate/28545692/324-currell-avenue-ottawa-5003-westborohampton-park
Contact us for more information
Shelley Callaghan
Salesperson
(613) 596-5353
(613) 596-4495
www.hallmarkottawa.com/