Perth, Ontario
To-Be-Built 6-Unit Apartment Building on a Large 1/4 Acre Lot. Nestled between Shoppers Drug Mart and the Elliot Street Medical Centre, this prime investment property offers the perfect blend of tranquility and convenience. Located on a quiet dead-end street, it's just steps from the commercial amenities of Highway 7 in the historic town of Perth. This vibrant community is home to Stewart Park, a hub for festivals, and The Links 'O' Tay, Canadas oldest golf course. A short walk leads to the Tay River, which connects to the UNESCO World Heritage Rideau Canal, as well as the Best Western Hotel and charming downtown Perth.This six-unit apartment building is designed for both functionality and tenant comfort, featuring five 2-bedroom units and one 1-bedroom unit, each with unique layouts and air exchangers. Tenants pay their own heat and hydro, with individual hydro meters in every unit. Each unit has its own exterior entrance, adding privacy and convenience. A professional property management company is already in place, ensuring seamless operation and stress-free ownership.Perth is Ontarios #1 retirement town, boasting the highest average age in the province. With 40% of residents retired, this is an ideal market for stable, long-term tenancies. Steeped in history, Perth was once the wealthiest area in Canada, attracting British officers and major banking institutions after the War of 1812. Now, its your turn to invest in this legacy and secure your financial future with this exceptional income property. Dont miss this cash-flowing opportunitywatch your investment grow into a multi-million-dollar asset! Monthly rents: Unit 1 $1750, Unit 2 $1900, Unit 3 $2050, Unit 4 $2050, Unit 5 $2100, Unit 6 $2100. The financial information under 'Other Expenses' of $7,582 consists of snow and yard maintenance costs ($4,800) and a structural reserve allowance ($2,782) (id:58852)
RE/MAX Hallmark Realty Group
Ottawa, Ontario
A rare opportunity to acquire a purpose-built 40-unit building in the heart of Sandy Hill, within downtown Ottawa, delivering an impressive NOI of $715,980 and a major built-in value-add. Included with the offering is an approved, permit-ready addition directly beside the existing building, allowing for the development of 18 additional units, a future expansion opportunity exceptionally hard to find in today's market. All suites have been fully renovated since 2020, and along with the modernized finishes, unit layouts were thoughtfully optimized to improve livability and long-term rental performance. Previous ownership also completed substantial infrastructure upgrades, including hydro vault (2006), elevator rebuild to new (2010), roof (2012), lobby doors (2012), dual boilers (2014), and balcony updates (2015). These capital improvements significantly reduce near-term maintenance exposure while supporting premium furnished rents. The building offers a desirable mix of studio, one-bedroom, and two-bedroom suites, all fully furnished and with utilities included, attracting a strong and dependable tenant base of young professionals and students. Located along Laurier Avenue, the property benefits from unmatched proximity to downtown amenities, Ottawa University, government offices, and major transit corridors, making these units consistently easy to lease. This is a high-performing, centrally located multi-residential asset with a dynamic tenant pool, fully updated interiors, substantial capital improvements, and a shovel-ready expansion opportunity. (id:58852)
Sleepwell Realty Group Ltd
Ottawa, Ontario
Welcome to this tastefully renovated, multi residential, 8 unit building in the heart of Chinatown, Little Italy and next to Lebreton Flats- home to the future arena. Central location within walking distance to restaurants, cafes, shopping, recreation, public transit, and all downtown Ottawa has to offer, making this a prime investment opportunity. Extensive capital work, including 7 out of the 8 units being fully renovated. In building laundry and 3 parking spaces. (id:58852)
Royal LePage Team Realty
Ottawa, Ontario
Well, maintain a solid 15-unit building, which includes 6-2 bedrooms, 8-1 bedrooms, and 1 bachelor apartment.. Many updates have been completed in most of the units in the last 9 years including bathrooms and kitchen. The roof was redone in 2016, All units are above ground with 8 covered parking and 4 surface parking spaces. in the Mortgage Details: CMCH 1st Mortgage / First National $1,637,000 Maturity: September 1,2026 at 2.47% Payments: P/I $7949 monthly (id:58852)
Coldwell Banker Sarazen Realty
Ottawa, Ontario
PERMIT READY, SITE PLAN APPROVED 16 UNIT DEVELOPMENT SITE SITUATED IN THE HEART OF HINTONBURG. Welcome to 243 - 245 Hinchey Avenue, two side-by-side lots being sold together in one of Ottawa's most vibrant and evolving neighborhoods. Together, the lots offer approximately 0.146 acres (6,330 sq. ft.) of prime urban land with a combined frontage of 65.92 feet and a depth of 96 feet. This central location is steps from Tunney's Pasture, LRT transit, Scott Street amenities, and Wellington Village shops and restaurants, offering unbeatable walkability and convenience. Whether you're looking to build and hold or sell completed units in a high-demand area, this property checks all the boxes. This project is eligible for CMHC's MLI Select program, offering lucrative 40-50 year financing options. (id:58852)
Engel & Volkers Ottawa
Ottawa, Ontario
Nestled in a prime Sandy Hill location, this well-maintained legal triplex offers exceptional convenience, particularly for University of Ottawa students. Meticulously cared for and thoughtfully updated, the property presents beautifully and has maintained full occupancy for over six years.Unit 1 features 3 bedrooms and 1 bathroom, soaring ceilings, and direct access to the landscaped backyard.Unit 2 offers 3 bedrooms and 1 bathroom, highlighted by hardwood flooring throughout and abundant natural light.Unit 3 is a spacious two-storey suite with 4 bedrooms and 2 full bathrooms.Additional features include ample storage space, shared laundry facilities in the basement, and a private, fully fenced, landscaped backyard. The property underwent fire retrofitting in 2019 and benefits from a new furnace and A/C (2023), promoting comfort and safety for all occupants. There is also potential for a fourth unit in the basement.Ideally located near Ottawa U, Rideau Centre, Rideau River, Strathcona Park, the National Gallery, Lowertown, and the ByWard Market, this is a rare opportunity to acquire a strong asset in one of Ottawa's most desirable rental pockets. (id:58852)
Coldwell Banker Sarazen Realty
Ottawa, Ontario
Located only a few blocks away from the University of Ottawa in Sandy Hill, this 18 unit building is ideally situated, and a short walking distance to major commercial and retail amenities, including the Rideau Centre and the Byward Market, along with convenient access to highway 417, multiple bus and transit routes. 3.5 storey building, solid brick exterior, andthe unit mix consists of 5 bachelor units, 1 one-bedroom apartment, 1 two-bedroom unit, and 11 three-bedroom units; with balconies on all the upper units. There are 4 coin-operated laundry machines, all with a card system, as well as a new fob andintercom system. All units were extensively renovated in 2015, with new kitchens, bathrooms, appliances, flooring, lighting,and feature large living rooms, well-proportioned bedrooms, hardwood flooring in the living rooms and bedrooms, ceramic flooring in the kitchens, large windows and high ceilings that provide bright and spacious-feeling apartments. Financials provided with an NDA. (id:58852)
Synercapital Investment Realty
Ottawa, Ontario
Located in the heart of vibrant Centretown, this fully leased six-unit, multi-family building offers an exceptional investment opportunity. With a prime location, offering easy access to downtown Ottawa, shops, restaurants, and public transit, this property combines steady rental income with strong potential for long-term growth. A combination of spacious one and two bedroom units, all well maintained with many updates and improvements throughout. The property also features 9 legal parking spaces, a rare and valuable feature in this desirable urban area. Don't miss out on this investment gem! (id:58852)
Royal LePage Team Realty
Ottawa, Ontario
Welcome to 359 Whitby Avenue, an exceptional, fully tenanted fourplex (2 X long semi-detached) in the heart of Westboro - one of Ottawa's most sought-after neighbourhoods. Built with quality and longevity in mind, this modern investment property offers a rare combination of strong rental income, high-end finishes, and a location that tenants love. The building features four thoughtfully designed units: two spacious 2-storey, 3-bedroom, 3-bathroom upper units, each with private rooftop terraces, and two bright 1-bedroom lower units with walk-out patios. Each unit is separately metered and equipped with stylish, low-maintenance features including quartz countertops, 9-foot ceilings (main units), heated flooring in the lower units, in-suite laundry, LED lighting, and dedicated parking. A heated driveway adds year-round convenience, and durable construction ensures peace of mind for years to come. Just steps from the shops, restaurants, LRT station, and amenities that make Westboro so vibrant, this is a prime opportunity for investors looking to grow their portfolio in a premium location. GOI: $129,540 OpEX: $38,862. **48 hour Right of First Refusal (id:58852)
RE/MAX Hallmark Realty Group
Ottawa, Ontario
Welcome to this exceptional investment opportunity in the heart of Ottawa Centre! This multi-unit income property features 10 + 1 units in total. Two studios, eight 1-bedroom apartments and one 2-bedroom apartment. Perfect for investors seeking strong rental income and long-term growth potential in a highly desirable location close to all amenities, transit and downtown conveniences. (id:58852)
Royal LePage Integrity Realty
Ottawa, Ontario
A rare opportunity to acquire a 100% rented,fully renovated, high-performing legal fourplex in one of Ottawas most sought-after neighborhoodsperfect for investors seeking strong, stable returns and long-term growth. Fully modernized in 2024 , this turnkey property features three spacious 3-bedroom units and one large 2-bedroom unit, all with updated kitchens, bathrooms, flooring, and energy-efficient systems. Upper units enjoy balconies, while lower units have access to fenced backyards, creating desirable living spaces for tenants. Located minutes from downtown, Parliament Hill, Carleton University, the airport, Civic Hospital, transit, parks, and shopping, it ensures consistent rental demand. With 24/7 security cameras, fire safety features, two furnaces, two owned hot water tanks, and individually metered hydro, this low-maintenance property is built for efficiency and peace of mind.All four units are currently leased, providing immediate and reliable rental income.Book your viewing today! (id:58852)
Coldwell Banker Sarazen Realty