Price ChangeFor Sale

1314 Emperor Avenue
Carlington - Central Park, Ottawa, ON, K1Z 8C6

Investment
TRREB
MLS® Number: X12065084
$1,350,000List Price
InvestmentProperty Type
108 x 100Lot Size
$11,068 / 2024Taxes (Annual)
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PRICE CHANGED
$1,350,000
Previously Listed For:
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Listing History

Buy/sell history for 1314 Emperor Avenue, Carlington - Central Park, ON K1Z 8C6

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Top Agents in Carlington - Central Park

Description

Your next investment opportunity in Ottawa's hot rental market...This solid brick 6-unit building is in good condition, fully rented, and offers a combination of 2 one-bedroom apartments on the lower level & 4 two-bedroom apartments on the second and third levels...More than 6 parking spots outside...6 storage bins & coin-operational laundry on the lower level...Centrally located property with easy access to many amenities like the downtown, the 417, Merivale Road shopping, hospitals, transit, experimental farm, parks, and more...Units are spacious & sunny with Southern exposure...Every unit has its own hydrometer, and one is for the common areas...Some rents are below market value with plenty of upside on future rents...The property is built on a large lot 108x100 ft with potential for future development in a rapidly growing & changing area...Gross Operating Income is $90,500/year, Operating Costs is around $28500/year and Net Operating Income is around $62,000/year.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$11,068 / 2024
Listing #:X12065084
Property Type:Investment
Land Size:108 x 100
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:REAL ESTATE SOLUTIONS CORP.

Rooms

Details

Property

Property Type:Investment
Community:5303 - Carlington
Municipality:Ottawa

Inside

Bedrooms:0
Bathrooms:6
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Hot Water

Land

Cross Street:Merivale Rd and Dorchester Ave

$1,350,000

List price

1314 Emperor Avenue, Carlington - Central Park – Investment for sale