Friday, February 10, 2017

Not on market - Golden Triangle 4 plex

Great opportunity to purchase a 4 unit building mere steps from the Rideau Canal and a short walk/bike to Ottawa U.  This property is located in the Golden Triangle, between Elgin and the Canal.  Perfect location for young professionals, students or downsizers.

There is great potential for this to evolve into a owner occupied property with an income supplement.  Imagine, eventually retiring to one of Ottawa's premiere neighbourhoods, but in the meantime, harvesting the income from your Ottawa real estate investment.

This historically beautiful property, with an Ottawa orange brick exterior and houses four apartments - featuring a two bedroom, 2 three bedrooms and a four bedroom.  The property is well maintained and sports a 5.4% cap rate

Net Income over $73,000
Asking price is $1,350,000

If you would like additional information, please click here 

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