| 613.829.1000
| 613.829.1000
HIGH RETURN property - UNIQUE and in the heart of Centretown CENTRAL OTTAWA! LUCRATIVE Commercial residential investment with flexible zoning for other commercial or multi-residential uses if you like. Zoning code is TM14 H(20) . LOT SIZE 29 x 110 feet. In the heart of Centretown Ottawa, there are all the amenities and parks and transportation and public transportation around you. This property has a short term rental licence and has had well over $100,000 in renovations to make it gross a high amount of rent for a property of its size. If maximizing your investment and even social impact and opportunity in the city, this property is for you. There is a strong mix of new immigrants that rent here and call this place home or a transition to a new home. With our population growth this is very valuable. GROSS INCOME: $116,832.00 (when fully rented) - EXPENSES: $29,664.15 = NOI $87,165.85 . Reach out for more info and photos and to book a viewing... WE WELCOME OFFERS! (id:37351)
| MLS® Number | X12671378 |
| Property Type | Office |
| Community Name | 4103 - Ottawa Centre |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 5 |
| RentalEquipmentType | Water Heater |
| Appliances | Furniture |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 2809 Sqft |
| SizeInterior | 2,809 Ft2 |
| Type | Offices |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 110 Ft |
| SizeFrontage | 29 Ft |
| SizeIrregular | Bldg=29 X 110 Ft ; 0 |
| SizeTotalText | Bldg=29 X 110 Ft ; 0 |
| ZoningDescription | Tm14 H |
https://www.realtor.ca/real-estate/29223890/474-somerset-street-w-ottawa-4103-ottawa-centre
Contact us for more information
Moe Mcilwain
Salesperson
(613) 663-2720
(613) 592-9701
www.hallmarkottawa.com/
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
P.O. box 65
Portland, ON
K0G 1V0
