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List Price: $1,560,000

1314 Emperor Avenue, Carlington Central Park, K1Z 8C6

- By REAL ESTATE SOLUTIONS CORP.
Investment|MLS - #X12065084|New
Bed
6 Bath
Outside/Surface Garage

Client Remarks

Your next investment opportunity in Ottawa's hot rental market...This solid brick 6-unit building is in good condition, fully rented, and offers a combination of 2 one-bedroom apartments on the lower level & 4 two-bedroom apartments on the second and third levels...More than 6 parking spots outside...6 storage bins & coin-operational laundry on the lower level...Centrally located property with easy access to many amenities like the downtown, the 417, Merivale Road shopping, hospitals, transit, experimental farm, parks, and more...Units are spacious & sunny with Southern exposure...Every unit has its own hydrometer, and one is for the common areas...Some rents are below market value with plenty of upside on future rents...The property is built on a large lot 108x100 ft with potential for future development in a rapidly growing & changing area...Gross Operating Income is $90,500/year, Operating Costs is around $28500/year and Net Operating Income is around $62,000/year.
Property Description

1314 Emperor Avenue, Carlington Central Park, K1Z 8C6

Property type

Investment

Lot size

N/A acres

Style

Approx. Area

N/A Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

N/A

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

2024

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1314 Emperor Avenue, Carlington Central Park, K1Z 8C6
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

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