This purpose-built 16 unit is well maintained and walking distance to many amenities including the experimental farms, transit, dining and shopping. The building offers a mix of 4 bachelor apartments and 12 one bedroom apartments with an elevator, onsite fitness room, coin operated laundry facilities, and a total of 11 parking spots. Each unit is separately metered for hydro and has one - two balconies. This is a Great Investment opportunity with Significant Upside Potential in NOI. Sellers will Consider a VTB up-to 75% for Qualified Buyers.
Carling south on Merivale or Baseline north on Merivale
Neighbourhood
5301 - Carlington
Area
Ottawa
Price History
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Detailed Information
Lot
59.31 x 127.96 ft
Lot Irregularities
1
Parking Spaces
11
Heat Type
Baseboard
Gross Income/Sales
$219,841
Net Income Before Debt
$127,670
Water Expense
$6,005
Insurance Expense
$13,100
Operating Expenses
$92,235
Sewers
Sewers
Water
Municipal
Zoning
TM
Seller Property Info Statement
N
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