7 Bedrooms

5 Bathrooms

2,000 - 2,500 sqft Interior

7 Parking spaces

50 X 113.1 Ft Lot size

15 days ago Listed

None Radiant Heat Finished basement

About this home

Exceptional investment opportunity in desirable Manor Park! This turn-key five-unit apartment building offers an ideal unit mix, including one 3-bedroom unit, one 2-bedroom unit, two 1-bedroom units, and one bachelor unit. The units have been renovated with modern, quality finishes, updated appliances, in-unit laundry, and ample parking. This well-maintained property is perfectly suited for investors seeking stable cash flow with a gross annual income of approx. $100,483. Fully leased with strong rental demand in the area. Conveniently located close to St. Laurent Shopping Centre, Montfort Hospital, public transit, schools, parks, the Ottawa River, and amenities. Don't miss this excellent opportunity to purchase a stable, income-generating property in a sought-after location. (id:28469)

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Facts & features

Property

MLS® Number: X13575656
Property Type: Multi-family
Community Name: 3102 - Manor Park
Amenities Near By: Public Transit, Schools, Park, Hospital
Features: Carpet Free
Parking Space Total: 7

Building

Bathroom Total: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 2
Bedrooms Total: 7
Appliances: All
Basement Development: Finished
Basement Features: Separate Entrance, Apartment In Basement
Basement Type: N/a (finished), N/a, Full, N/a
Cooling Type: None
Exterior Finish: Stucco
Foundation Type: Block
Heating Fuel: Natural Gas
Heating Type: Radiant Heat
Stories Total: 2
Size Interior: 2,000 - 2,500 Sqft
Type: Other
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Land Amenities: Public Transit, Schools, Park, Hospital
Sewer: Sanitary Sewer
Size Depth: 113 Ft ,1 In
Size Frontage: 50 Ft
Size Irregular: 50 X 113.1 Ft
Size Total Text: 50 X 113.1 Ft

The Manor Park market

9 Active listings

$409,000 Median asking price

224% above median This home

48 days Avg. time on market

Browse all Manor Park listings →

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: $5,866/mo
Ontario land transfer tax: $22,973 one-time

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

Location

287 St Laurent Boulevard, Ottawa, Ontario K1K 2Z3 · Get directions

287 St Laurent Boulevard