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. (40802301)
Property Type
Multi-family
Building Type
Multi-Family
Land Size
Bldg=50 x 100 FT ; 0
Age Of Building
6 to 15 years
Annual Property Taxes
$22,559 (CAD)
Time on REALTOR.ca
32 days
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