Thursday, January 19, 2017

Today, three new, interesting multifamily properties have come on the market....

Echo - Waterfront, on the Canal, vacant, 3 units, cannot find a better Ottawa locations, could be professionals or students.  Needs some TLC to bring to a contemporary look

Florence - Four units, purpose built in '87.  Looks like it can operate as is, or add a few bedrooms (converting dining rooms), then make into a 15 bedroom student residence.

Vanier - 6 plex, under $1m, with good net income.  Units look to be in average condition.  Good return for a large building in a gentrifying neighbourhood - read here for an update on City of Ottawa changes coming 

As always, for information on these exciting opportunities and questions on Ottawa real estate, please click here 

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