
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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Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
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$0 Principal and Interest
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