277-284 Irene Cres - Apartments FOR SALE


Ottawa, ON K1Z 7J2
$4,300,000 CAD
613-683-2202
277-284 Irene Cres, Ottawa, ON for Sale
$4,300,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

277-284 Irene Cres
Ottawa, ON K1Z 7J2


HIGHLIGHTS

  • Located in the heart of Westboro, Ottawa
  • Close proximity to major transportation arteries, including Highway 417
  • With R4UC Zoning in place, it allows for a wide variety of residential building forms ranging from detached to low rise apartment dwellings

OVERVIEW

277, 283 & 284 Irene Crescent, located in Ottawa, Ontario. In each apartment building there is a range of both 1 and 2 bedroom units at well below market rents (almost 30% below market compared with CMHC market rents). 18 units in total in the 3 buildings

FOR SALE DETAILS

PRICE

$4,300,000 CAD

PRICE/SF

$253 CAD /SF

# OF UNITS

18

PRICE/UNIT

$238,889

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1951

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,488 SF

ZONING

R4UC

APN/PARCEL ID

061408450151100,061408450151200,061408450151300

ASK ABOUT THIS PROPERTY

Michael PymanColliersMore Info
613-683-2202

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

Michael PymanColliersMore Info
613-683-2202

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