30 Windsor Ave - Apartments FOR SALE


Ottawa, ON K1S 0W4- Downtown
$1,699,900 CAD
613-723-5300
30 Windsor Ave, Ottawa, ON for Sale
$1,699,900 CAD
Apartments - FOR SALE
1/2
null | 3.99% Cap Rate

30 Windsor Ave
Ottawa, ON K1S 0W4
Downtown


HIGHLIGHTS

  • Close to Bank Street, Rideau River
  • Renovated bathrooms, kitchens, flooring
  • Purpose-built 6-unit building for sale

OVERVIEW

This purpose-built 6-unit building is situated in an outstanding location, just a short walk from the vibrant Bank Street and the picturesque Rideau River. The unit mix includes 4 x 2-bedroom units with balconies, 1 x 1-bedroom unit, and 1 bachelor unit, along with 3 parking spaces. The building is well-maintained and has undergone numerous renovations over the years, including updates to bathrooms, kitchens, and flooring. The furnace and fire retrofit were completed in 2016. With great tenants and easy management, there is potential for rent increases upon tenant turnover. The building generates a gross income of $98,640, with a net operating income of $67,783.20. Common areas include a mechanical room, storage room, and laundry.

FOR SALE DETAILS

PRICE

$1,699,900 CAD

PRICE/SF

$571 CAD /SF

# OF UNITS

6

PRICE/UNIT

$283,317

CAP RATE

3.99%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,526 SF

ZONING

-

APN/PARCEL ID

061405270130700

ASK ABOUT THIS PROPERTY

Adam RicciRoyal LePage Team RealtyMore Info
613-723-5300

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Adam RicciRoyal LePage Team RealtyMore Info
613-723-5300

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