For Sale Multi-Family

520 Hilson Avenue

$2,680,000 Est. $11,866/mo ↓

Ottawa, Ontario K1Z 6C8

15 Bedrooms
2 Bathrooms
5,066 sqft Interior
8 Parking spaces
Bldg=60.66 X 158.73 Ft Lot size
1 day ago Listed
None Radiant Heat

About this home

Rarely offered for sale, this purpose-built 6-plex is ideally located in one of Ottawa's most desirable rental neighbourhoods, just a 15-minute walk to Westboro Village and with equally convenient access to Wellington Village. Exceptionally well maintained by its owner, the property has been thoughtfully cared for over the years, with each of the six units updated. The spacious unit mix includes two 4-bedroom units, three 2-bedroom units and one 1-bedroom unit. All units feature hardwood flooring, eat-in kitchens and generous living spaces. A particularly rare feature is the 5-bay detached garage plus 3 additional surface parking areas, providing excellent parking and storage options, along with individual storage lockers for each apartment. This combination of dedicated garage space and private storage is an uncommon offering for a property of this type and location. The purpose-built building offers convenient access to all units through the front stairwell, with a separate rear stairwell providing access to the garage parking and shared paid laundry facilities. The property currently generates a strong Net Operating Income, with additional upside potential based on today's market rents. Please contact the listing agent for details regarding recent updates, current rents, projected market rents and other property features. (id:28469)

Facts & features

Property

MLS® Number
X13711044
Property Type
Multi-family
Neighbourhood
Hampton Park
Community Name
5003 - Westboro/Hampton Park
Parking Space Total
8

Building

Bathroom Total
2
Bedrooms Total
15
Appliances
Dishwasher, Dryer, Hood Fan, Washer
Cooling Type
None
Heating Type
Radiant Heat
Size Exterior
5066 Sqft
Size Interior
5,066 Sqft
Type
Multi-family
Utility Water
Municipal Water

Parking

Other

Land

Acreage
No
Size Depth
158 Ft ,8 In
Size Frontage
60 Ft ,7 In
Size Irregular
Bldg=60.66 X 158.73 Ft
Size Total Text
Bldg=60.66 X 158.73 Ft
Zoning Description
R3r

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$11,866/mo
Ontario land transfer tax
$53,475 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Westboro/Hampton Park market

35 Active listings
$849,000 Median asking price
216% above median This home
38 days Avg. time on market
Browse all Westboro/Hampton Park listings →

Location

520 Hilson Avenue, Ottawa, Ontario K1Z 6C8  ·  Get directions

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