11 Bedrooms

6 Bathrooms

3,500 - 5,000 sqft Interior

2 Parking spaces

40 X 100.2 Ft Lot size

1 day ago Listed

None Radiant Heat Finished basement

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About this home

This 6-unit fully tenanted residential building offers strong holding power, consistent rental demand, and valuable upside for savvy investors or portfolio builders. Composed of five 2-bedroom units, and a 1 bedroom unit. Coin operated laundry in the building. 2 parking spaces can generate extra income. Tenants pay hydro. Roof (2018), Windows (2016), Boiler (2025). Grocery store, LCBO, TD Bank, the Canal and bike/walking trail all located across the street, minutes to Carleton University, downtown government employment hubs, Highway 417 access and more; this easily attracts tenants making it easy to rent. FUTURE DEVELOPMENT POTENTIAL. Plans to add a building in the back have been approved with the City and ready to start. Whether you are looking to acquire a turnkey income generator, or secure a prime piece of central Ottawa real estate, 72 Pretoria Avenue delivers location, scale, and long-term capital appreciation potential. (id:28469)

Facts & features

Property

MLS® Number: X13719872
Property Type: Multi-family
Community Name: 4402 - Glebe
Equipment Type: Water Heater
Parking Space Total: 2
Rental Equipment Type: Water Heater

Building

Bathroom Total: 6
Bedrooms Above Ground: 8
Bedrooms Below Ground: 3
Bedrooms Total: 11
Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
Basement Development: Finished
Basement Type: N/a (finished)
Cooling Type: None
Exterior Finish: Brick
Heating Fuel: Natural Gas
Heating Type: Radiant Heat
Stories Total: 2
Size Interior: 3,500 - 5,000 Sqft
Type: Other
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 100 Ft ,2 In
Size Frontage: 40 Ft
Size Irregular: 40 X 100.2 Ft
Size Total Text: 40 X 100.2 Ft

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

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: $8,789/mo
Ontario land transfer tax: $36,175 one-time

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

The Glebe market

22 Active listings

$1,109,500 Median asking price

79% above median This home

28 days Avg. time on market

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Location

72 Pretoria Avenue, Ottawa, Ontario K1S 1W9 · Get directions

72 Pretoria Avenue