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$1,800,000
ActiveAbout this Property
- Present Zoning R4U (480) could be changing to CMI (480) H20
- 3+ parking spots, on site laundry, 4 balconies, corner lot 69' x 62'
Solid six units all brick building. 5-2 bed and 1-1 bed. Fully rented, Tenants have been there for a while. Present Zoning R4U (480) could be changing to CMI (480) H20. Income could be a lot higher. Grossing $107,076, Expenses $35,371, Net $73,705. Most of the windows (17 Windows) replaced 7 years ago. Hot Water Tanks owned. Tenants pay their own Hydro. 3+ parking spots, on site laundry, 4 balconies, corner lot 69' x 62'. Boiler 2010, Roof 8 years old appx. In the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University.
Listed by COLDWELL BANKER SARAZEN REALTY · MLS# X13242440
About Sandy Hill
Sandy Hill is a historic urban neighbourhood located directly east of Ottawa's downtown core, bounded by the Rideau River to the east, Rideau Street to the north, and the University of Ottawa campus to the south and west. This duality — heritage residential streets alongside a major university — gives Sandy Hill a unique energy that combines the architectural grandeur of embassy row with the youthful vitality of a university quarter.
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Property details of 314 Somerset Street, Ottawa, ON
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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