Fully Air ConditionedHot Water Radiator Heat, Radiant Heat
About this home
Exceptional opportunity to own a turnkey 5-unit income property in sought-after Rideau Gardens, just steps from the scenic Rideau River and Brighton Beach Park. The building offers a unit mix of four 1-bedroom apartments and one spacious 4-bedroom unit, appealing to a wide tenant base. Four of the five units are tastefully renovated, making this a true turnkey investment at a 6.3% CAP rate! One of the 1-bedroom units can be vacant upon possession, providing flexibility for an owner-occupier or the opportunity to set market rent. Located in a quiet, established neighborhood with easy access to parks, pathways, transit, and amenities, the property also features parking for five vehicles - a rare and valuable bonus in this prime location with spectacular views from large balconies. A strong, income-producing asset in one of Ottawa's most desirable river-adjacent communities (id:28469)
Facts & features
Property
MLS® Number
X13477544
Property Type
Multi-family
Community Name
4404 - Old Ottawa South/Rideau Gardens
Equipment Type
Water Heater, Furnace
Rental Equipment Type
Water Heater, Furnace
Building
Appliances
All
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Hot Water Radiator Heat, Radiant Heat
Size Interior
3,500 Sqft
Type
Multi-family
Utility Water
Municipal Water
Land
Acreage
No
Size Depth
81 Ft
Size Frontage
40 Ft
Size Irregular
40 X 81 Ft
Size Total Text
40 X 81 Ft
Zoning Description
R2r[1474], Unassigned
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.