ACTIVE

26 Aylmer Avenue Ottawa, Ontario K1S 2W9

$1,699,000
4,782 ft<sup>2</sup> Fully Air ConditionedForced Air
Incredible investment opportunity in Old Ottawa South! Large multi-unit on expansive 30' x 161' lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-Bedroom unit, two 2-Bedroom units and one 1 Bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom - it has it's own Furnace (2020), A/C (2017) and Hot Water Tank (Rental). New addition completed in 2017 with 2 Furnaces and 2 Central Air units. 3 Hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, Roof 2017. City of Ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Motivated vendor. PROPERTY SOLD AS IS WHERE. Cap rate: 6.3%. (id:28469)
Property Details
MLS® Number
X12474541
Property Type
Multi-family
Neighbourhood
Rideau Gardens
Community Name
4403 - Old Ottawa South
Equipment Type
Water Heater
Rental Equipment Type
Water Heater
Building
Appliances
Dishwasher, Dryer, Washer
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Interior
4,782 Ft<sup>2</sup>
Type
Multi-family
Utility Water
Municipal Water
Land
Acreage
No
Size Depth
161 Ft ,11 In
Size Frontage
30 Ft ,4 In
Size Irregular
30.36 X 161.96 Ft
Size Total Text
30.36 X 161.96 Ft
Zoning Description
R3
Neighbourhood
Private Viewing & Info

Request Details

We reply quickly. No spam—ever.

Generating Captcha
By submitting, you agree to be contacted about this listing.

Paul Mccunn
Salesperson

(613) 733-9100
www.paulmccunn.com/

Royal LePage Performance Realty
#201-1500 Bank Street
Ottawa, Ontario K1H 7Z2

(613) 733-9100
(613) 733-1450