| 613.829.1000
| 613.829.1000
Exceptional investment opportunity in the heart of Vanier this purpose-built, all-brick six-unit apartment building offers a desirable unit mix of five 2-bedroom units and one 1-bedroom unit. Ideally located just off McArthur Avenue, the property is within walking distance to St. Laurent Shopping Centre, public transit, schools, and amenities, making it highly attractive to quality tenants. The property is professionally managed and currently generates a gross annual income of just over $98,000. With all units rented below current market rates, there is significant upside potential as units turn over. Situated on an impressive lot of over 12,000 sq. ft., the property offers potential for future development or expansion (buyer to verify with the City of Ottawa).With strong management already in place, this is a turn-key investment for the next owner seeking stable cash flow and long-term growth potential. Contact the listing agent for a detailed rental pro forma and insured financing scenario. (id:37351)
| MLS® Number | X12488422 |
| Property Type | Multi-family |
| Community Name | 3404 - Vanier |
| ParkingSpaceTotal | 6 |
| BathroomTotal | 6 |
| BedroomsAboveGround | 11 |
| BedroomsTotal | 11 |
| Amenities | Separate Electricity Meters |
| Appliances | Stove, Refrigerator |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a |
| CoolingType | None |
| ExteriorFinish | Brick |
| FoundationType | Concrete |
| StoriesTotal | 3 |
| SizeInterior | 3,500 - 5,000 Ft2 |
| Type | Other |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 90 Ft ,8 In |
| SizeFrontage | 60 Ft ,7 In |
| SizeIrregular | 60.6 X 90.7 Ft |
| SizeTotalText | 60.6 X 90.7 Ft |
https://www.realtor.ca/real-estate/29045612/370-belisle-street-ottawa-3404-vanier
Contact us for more information
Gershon Thambiah
Salesperson
(613) 744-5000
(343) 545-0004
suttonottawa.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Phone Number
(613) 829-1000
Email Address
info@grapevine.ca
Mailing Address
48 Cinnabar Way
Stittsville ON K2S1Y6
