Incredible opportunity to add a solid triplex to your portfolio in an unbeatable location just a short walk from Ottawa U! Located right off campus and in the heart of Sandy Hill, the demand is always sky high and there is never a vacancy. A great unit split on the fully tenanted building which includes a large 3 bedroom, 2 bathroom apartment that spans the main and lower level. The second floor consists of a bright 2 bedroom with a private balcony, and the top floor is a charming 1 bedroom with its own dedicated fire escape. Each unit has its own laundry for added convenience. Great tenants and a headache free building, a perfect addition for your portfolio or ideal for someone wanting to live in Sandy Hill while offsetting their mortgage expense with rental income. Currently grossing $76,800. (id:28469)
Facts & features
Property
MLS® Number
X13734670
Property Type
Multi-family
Community Name
4004 - Sandy Hill
Building
Bathroom Total
4
Bedrooms Above Ground
4
Bedrooms Below Ground
2
Bedrooms Total
6
Appliances
Dishwasher, Dryer, Stove, Two Washers, Refrigerator
Basement Development
Finished
Basement Type
Full (finished)
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Stone
Heating Fuel
Natural Gas
Heating Type
Radiant Heat
Stories Total
3
Size Interior
1,500 - 2,000 Sqft
Type
Triplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
70 Ft
Size Frontage
28 Ft ,3 In
Size Irregular
28.3 X 70 Ft
Size Total Text
28.3 X 70 Ft
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
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
$4,871/mo
Ontario land transfer tax
$18,475 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.