All ListingsMLS# X13558532

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11 #s1-3; 13 #s 1-3 - 11&13 Acacia Avenue, Ottawa, ON

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$2,575,000

Active

11 #s1-3; 13 #s 1-3 - 11&13 Acacia Avenue, Ottawa, ON· Lindenlea

4200

Sq Ft

5342 Feet

Lot Size

Parking

Apartment

Style

Apts - 6 To 12 Units

Business Type

51-99

Year Built

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About this Property

The price now includes parking for 6 cars, and a parking lot that is2738sq ft

REMARKS FOR CLIENTS: Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, and a parking lot that is2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; owned hot water tanks; fridge/stove/dishwasher/ microwave. Separate electrical panels in each unit with separate external meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI =$118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, a full BMO branch; RBC ATM and LCBO are a 10-minute walk away on Beechwood; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being redeveloped and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for leisurely walks, joggers & dog walkers. Great location for renters and investors alike.OFFER REMARKS: Listing agent owns the building. Offers to be accompanied by appropriate disclosure acknowledgement. 24 hours notice for viewing as a tenant courtesy.

Listed by DIGI BROKERAGE · MLS# X13558532

About Rockcliffe Park

Luxury Estate · Avg $1.5M+

Rockcliffe Park is Ottawa's most prestigious and exclusive residential neighbourhood, home to ambassadorial residences, heritage estates, and some of the finest properties in the National Capital Region. A former independent village that retained its distinct identity even after amalgamation, Rockcliffe Park occupies an elevated peninsula overlooking the Ottawa River, with commanding views of the Gatineau Hills and the capital's most iconic landmarks.

Avg Home Price$1.5M+

Embassies15+

Heritage Homes200+

Drive to Parliament10 min

View Full Rockcliffe Park Guide