For Sale Multi-Family

72 Pretoria Avenue

$1,985,000 Est. $8,789/mo ↓

Ottawa, Ontario K1S 1W9

5,000 sqft Interior
Bldg=40 X 100.15 Ft Lot size
1 day ago Listed
None Radiant Heat, Hot Water Radiator Heat

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)

Business

Business Type Residential
Business Sub Type Apartments

Facts & features

Property

MLS® Number
X13719870
Property Type
Multi-family
Community Name
4402 - Glebe
Amenities Near By
Highway, Public Transit
Equipment Type
Water Heater
Rental Equipment Type
Water Heater

Building

Appliances
Dryer, Water Heater, Washer
Cooling Type
None
Heating Fuel
Natural Gas
Heating Type
Radiant Heat, Hot Water Radiator Heat
Size Exterior
5000 Sqft
Size Interior
5,000 Sqft
Type
Multi-family
Utility Water
Municipal Water

Land

Acreage
No
Land Amenities
Highway, Public Transit
Size Depth
100 Ft ,1 In
Size Frontage
40 Ft
Size Irregular
Bldg=40 X 100.15 Ft
Size Total Text
Bldg=40 X 100.15 Ft
Zoning Description
R4s

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
$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
Browse all Glebe listings →

Location

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

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