Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey development with multiple use. Enjoy a good income producing investment while planning the development of your own perfect income property specific to your investment portfolio needs. Located on one of the main city corridors - walking distance to LRT Station, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations inside & out, one 3 bedroom unit & one large 2 bedroom unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with an estimated potential rent of $2,900 per month per new 3-bedroom unit (top unit completed & presently occupied by one of the owner's). 15 Parking space/income estimated. Each of the 3 Row units have undergone major renovations include 4-bedrooms, 2 full bathrooms, & in-unit laundry.
LT 42, PL 3459; OTTAWA/NEPEAN ( PIN # 041110172)(260 to 264 Bronson Ave) + PT LT 41, PL 3459, AS IN NS48680; OTTAWA/NEPEAN (PIN # 041110171)(258 Bronson Ave)
Occupancy
Tenant
Possession Date
To Be Determin
Taxes (2024)
$16,466
Directions/Cross Streets
On the West Side of Bronson Avenue, just North of Somerset Street
Neighbourhood
4204 - West Centre Town
Area
Ottawa
Price History
Interested in obtaining the full price history for this property? 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
Lot
104.38 x 99 ft
Air Conditioning
Other
Parking Spaces
15
Heat Type
Forced Air
Gross Income/Sales
$198,600
Net Income Before Debt
$166,104
Water Expense
$2,500
Insurance Expense
$11,880
Operating Expenses
$32,496
Sewers
Sewers
Water
Municipal
Zoning
TM [2214]
Seller Property Info Statement
N
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