Wednesday, March 23, 2016

Duplexes, triplexes, fourplexes ... oh my!!!

Blake
Located in Vanier
8 units – all two bedrooms
with renovations, rents could increase
zoned R4 with 108 by 128 lot
cap rate of 5.3%
asking$1,175,000

Percy
Centertown location
8 units (2 bachelor, 4 one, 2 three beds)
two buildings
well maintained
cap rate 5.6%
asking $1,250,000

Daly
Sandy Hill
7 units (2 two, 1 three, 4 four beds)
two bedrooms are same layout as 4 beds
R4 with 66 by 99 lot for possible expansion
cap rate of 5.6%
asking $2,150,000

Dagmar
located in Vanier
6 unit building (6 one bed)
totally upgraded
steps to New Edinburg
cap rate of 6%
asking $839,000

Richelieu
Located in Vanier
Triplex (2x two bed and 1x one bed)
cap rate of 7.5%
asking $389,900

St. Jacques
located in Vanier
triplex (2x three and 1x two)
separate meters
one unit needs renovations
being sold by CIBC
no financials available

Cantin
located in Vanier
triplex (1x two, 2x one)
coin laundry
updated
cap rate is 5.9%
asking $419,000

Ethel
located in Vanier
Fourplex – bachelor, 1 bed and two 2 beds
tenants pay utilities
some updating needed
cap rate is 6.7%
asking is $350,000

Levis
located in Vanier
triplex (2 two bed and 1 three bed)
larger units
cap rate is 7.1%

Apolydor
Close to Billings Bridge
purpose built triplex (1xtwo and 2xfour bedrooms)
currently partially owner occupied and tenant
current cap rate is 5.4%
asking is $749,000

Windsor
Steps to Windsor Park
Old Ottawa South location – Hopewell School district
- 6 unit building – legal non-conforming – 4 two bedrooms, 1 one bedroom and 1 bachelor
- parking not being charged
rents under market (2 bedrooms under $1200 monthly)
current cap rate is 4.85% (lots of upside)
asking $1,200,000
Guigues
side by side double (legally separated)
blocks from the Byward Market
separately metered for gas and electric
both 4 bedrooms
tenants pay utilities
5.3% cap rate
asking $699,000
Catherine
Near Kent Street
newly renovated
1 two bedroom, 1 one bedroom, 1 bachelor
6% cap rate
asking $484,900
Hinton
essentially brand new – gutted and totally rebuilt
less than 10 blocks to Civic Hospital
close to Parkdale Market
separate hydro meters
contemporary style
less than one block to Wellington West and numerous restaurants
3 two bedroom/two bathroom units (four unit can be converted by seller)
5.6% cap rate
asking $1,125,000
Raven
Near Carling and Queensway
two huge 3 bedrooms and basement 1 bed
under market rents on three bedrooms
cap rate is 5.5%
asking is $574,900

Bruyere
across the street from Bruyere Hospital
2 two bedrooms, 1 one bedroom
well maintained and upgraded
separate hydro
cap rate of 5.3%
asking $775,000
Waverley
amazing Golden Triangle location
large 40 by 99 lot
duplex with 3rd unit
fire retrofitted
3 one bedroom
two furnished suites and one unfurnished
laundry in all units
Cap rate of 5%
asking $854,900
Bell South
located in Glebe Annex
3 one bedrooms and 1 two bedroom
upside of about $100 per unit per month in rents
Graduate student building
future potential to sell as semis (to confirm with city)
5.1% Cap Rate
asking $569,900
885 Maitland
4 plex (2 bachelor and 2 three bedrooms)
over $100,000 in recent renovations
cap rate of 5.0%
asking price is $749,000

Please drop me a line with any questions - http://www.bennettpros.com/gregblokblog

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