Welcome to 209 Fifth Avenue, a well-maintained fourplex in a sought-after location near Carleton University, Bank Street, Lansdowne Park, and the Rideau Canal. This fully rented property features three spacious 2-bedroom units with hardwood flooring and large living areas, plus a revamped bachelor unit in the basement. Recent updates include window replacements, roof improvements, kitchen and bathroom upgrades, and electrical enhancements. A turn-key investment with strong rental demand, this property offers excellent long-term growth potential in one of Ottawas top rental markets. GOI 72,141.6, insurance 1800/yr, Hydro 1,669/yr, heat 2,564/yr, water 2,000/yr, HWT rental 766/yr, snow removal 493/yr, taxes 10,313/2024 (id:4069)
Address
209 FIFTH AVENUE
List Price
$1,250,000
Property Type
Multi-family
Type of Dwelling
Fourplex
Area
Ontario
Sub-Area
Ottawa
Bedrooms
7
Bathrooms
4
Floor Area
25,003,000 Sq. Ft.
Lot Size
25 x 103 FT Sq. Ft.
MLS® Number
X12069370
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Basement Area
Full (Finished)
Postal Code
K1S2N1
Features
Carpet Free