1675 Dunning Rd - Apartments FOR SALE


Ottawa, ON K4C 1L7
$1,999,900 CAD
613-596-5353
1675 Dunning Rd, Ottawa, ON for Sale
$1,999,900 CAD
Apartments - FOR SALE
1/1
null | 6.49% Cap Rate

1675 Dunning Rd
Ottawa, ON K4C 1L7


HIGHLIGHTS

  • Multi-Residential complex situated on just OVER 20 ACRES of Land
  • 6 Freestanding Residential Buildings, a 5plex, Single home, 2 Prefab homes, a Log Shack, Barn and 4 Rental Spaces for storage
  • Fully Tenanted and self managed property
  • Located just 1.5KM south of Cumberland

OVERVIEW

Multi-Residential complex situated on just OVER 20 ACRES of Land. This property features 6 Freestanding Residential Buildings, a 5plex, Single home, and 2 Prefab homes. Along with rental income from a Log Shack, Barn and 4 Rental Spaces used for storage and RV. CAP Rate of 6.49% with OPPORTUNITY of additional rental income from storage or pasture land. Fully Tenanted and self managed property. Located just 1.5KM south of Cumberland. The residences are Surrounded by Mature Maple Trees, Pastures, and nature. In the back, there is a 40'x150' gravel parking area. 2 Drilled Wells, 3 Septic Systems, Propane Sourced Heating. VTB Available.

FOR SALE DETAILS

PRICE

$1,999,900 CAD

PRICE/SF

$250 CAD /SF

# OF UNITS

13

PRICE/UNIT

$153,838

CAP RATE

6.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20.66 AC

LAND SF

900,036 SF

ZONING

AG3

APN/PARCEL ID

061450010124800

ASK ABOUT THIS PROPERTY

Sonat TryRe/Max Hallmark Realty Group - WestMore Info
613-596-5353

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Sonat TryRe/Max Hallmark Realty Group - WestMore Info
613-596-5353

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.