170 Lavergne Street Ottawa, Ontario K1L 5E5
$999,000
FOURPLEX Investment opportunity! solid brick building fully rented. Centrally located property with easy access to many amenities. Offers incredible flexibility for strong rental income. This solid well-maintained multi unit building offers a functional layout with plenty of room to grow, update, or create versatile living spaces. Positive cash flow and a solid cap rate based off market rent prices. Own a investment opportunity in sought-after Beechwood Village! Units are spacious & sunny. Potential for future development in a rapidly growing & changing area. Ideally located near parks, grocery stores, schools, transit routes, and only a short drive to downtown Ottawa, offers convenience, flexibility, and long-term potential. Short walk to Beechwood Village. Total income $119,940. Total expense is $25,800. NOI is $94,140. Great CAP rate it can be a great addition to your retirement portfolio. Insurance is $600/month. Heat is $300/month. Hydro $500/month. Water $350/month. Maintenance is $400/month. Buyer's required to do their own due diligence. A smart buy with long-term growth potential! 24 hr notice for showing. Book your showing today! (id:28469)
Property Details
| MLS® Number | X12385152 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Community Name | 3402 - Vanier |
| Easement | Unknown |
| Parking Space Total | 6 |
Building
| Appliances | Water Heater |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Exterior Finish | Brick |
| Foundation Type | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Frontage | 72 Ft ,7 In |
| Size Irregular | 72.6 Ft ; 1 |
| Size Total Text | 72.6 Ft ; 1 |
| Zoning Description | R4e, R4e[1141] |
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September 07 2025 11:55:11
Ottawa Real Estate Board
RE/MAX Affiliates Realty Ltd.