$2,800,000 FOR SALE

Investment

Lot: 66 x 99 ft
2024 Taxes: $18,566Maintenance Fees: $5,998

119 DALY Ave
Lower Town - Sandy Hill, ON K1N 6E6 | 4003 - Sandy Hill | Ottawa

Discover an extraordinary investment opportunity with this unique mixed rooming house, featuring 23 units in total. The property includes 15 bachelor units with shared amenities such as three kitchens, three full baths, and two communal living spaces, as well as 8 fully independent one-bedroom units. This configuration offers exceptional flexibility and income potential. Situated in a prime location just steps from Rideau Centre, the University of Ottawa, parks, and various attractions, it stands in one of the city's most robust rental sectors. Don't miss your chance to explore this must-see investment property, promising excellent returns in an unbeatable location.

Extras
The heating system is a boiler. Other in expenses are telecom/phone/internet, HWT Rental, Snow, garbage & lawn care. See attached for complete income and expenses. Capital expenditures can be found on Financials. Maintenance is 5% of income

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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9516451
Last Updated Jan 10, 2025
Property Summary
Property Type Investment

More like this:
Category Apartment
PIN 042100023
Legal Description LT 8, PL 6 , N OF DALY AV, S/T & T/W NS129521 ; OTTAWA
Occupancy Tenant
Possession Date TBD
Taxes (2024) $18,566
Tax Type Annual
Maintenance Fees $5,998
Directions/Cross Streets Laurier to Kind Edward, Left on Daly Ave
Neighbourhood 4003 - Sandy Hill
Area Ottawa
Price History
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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 66 x 99 ft
Parking Spaces 9
Gross Income/Sales $235,024
Net Income Before Debt $140,408
Hydro Expense $8,135
Water Expense $9,978
Heat Expenses $5,613
Insurance Expense $14,268
Management Expense $10,436
Operating Expenses $94,616
Taxes Expense $18,556
Other Expenses $21,626
Year Expenses $2,023
Expenses Actual/Estimated Est
Sewers None
Water Municipal
Zoning Residential
Seller Property Info Statement N

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