Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $97,968 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant. Located just minutes from schools, grocery stores, Shopping Centre, restaurants, and public transit. making this an incredible opportunity for any investor looking for a high-earning property with growth potential. "Ottawa's landmark new zoning by-law will legalize all six existing units on this oversized lot at 550 Guy St (N3B)!" (id:28469)
Facts & features
Property
MLS® Number
X13484064
Property Type
Multi-family
Community Name
3502 - Overbrook/Castle Heights
Features
Carpet Free
Parking Space Total
5
Building
Bathroom Total
6
Bedrooms Above Ground
9
Bedrooms Total
9
Age
6 To 15 Years
Amenities
Separate Electricity Meters
Appliances
Water Heater
Basement Features
Apartment In Basement
Basement Type
N/a
Cooling Type
Central Air Conditioning
Exterior Finish
Brick, Stone
Foundation Type
Poured Concrete
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
3
Size Interior
3,500 - 5,000 Sqft
Type
Other
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
108 Ft ,10 In
Size Frontage
59 Ft ,4 In
Size Irregular
59.4 X 108.9 Ft
Size Total Text
59.4 X 108.9 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.