5 LARGE multifamily opportunities in Ottawa

Opportunity 1128185

Sandy Hill – Embassy Row area - https://bennettpros.com/listings/17-marlborough-avenue-ottawa-ontario-k1n8e6/

six plex

Price - $2,995,000

Net Income - $153,427

Looking for something truly unique and special? Tired of touring rooming houses and decrepit older buildings? 17 Marlborough, former Italian Embassy, is one of the nicest multifamily buildings you will ever visit. Built in 1912, this stately, old world legal 6 unit property is nestled into Embassy Row in Sandy Hill, in top condition and is fully updated. Nothing to do at this property as it is fully leased with top quality professional tenants who are interested in staying for the long term. Lots of parking and a large garage on this double lot with future development into a coach house. 48 hr notice M to F 9 to 3pm, 24 hr irr.

Opportunity 1125787

Sandy Hill – Central area - https://bennettpros.com/listings/177-goulburn-avenue-ottawa-ontario-k1n8e3/

six plex

Price - $1,749,900

Net Income - $93,212

Never a vacancy! Passive income generator. Professionally managed and in top condition, awesome 6 plex in Sandy Hill, Ottawa's lowest vacancy neighbourhood. Great income producer for an owner looking to be hands off. Fantastic unit mix with 3 two bedrooms, 1 one bedroom, 2 four bedroom. Not a student rooming house. Apartments are bright and feature high ceilings. No deferred maintenance. Strong, market rents with $93,212 net income.

Opportunity 1130920

Centre town – Kent and Arlington area

five-plex

Price - $1,700,000

Net Income - $98,991

Building rebuilt with approved Architect plan in 2012. Rebuilt: walls, brick, windows, floors, kitchens, washrooms, electrical, plumbing, heat.Ffully furnished, rented on a short term basis. Fully furnished apts include washer, dryer in each unit. Refrigerator, stove, window a/c in each unit. Beds, furniture in each unit. 6 Gas meters, 6 hydro meters. Everyday 11-3 pm, for appointments. The Seller will show 2 units.

Opportunity 1113869

Sandy Hill – close to university

triplex

Price - $1,599,900

Net Income - $84,468

Seeking a solid long term investment? Trying to find that top quality property in the best rental neighbourhood in Ottawa? This brilliant Sandy Hill triplex features an amazing unit mix – 5, 4 and 4 bedrooms (2 bathrooms in each unit), fully leased until April 30 2019. Lovely interiors with granite, stylish laminate, all new expansion, gutted and renovated in 2015. All units above grade. Lots of basement storage space with a roughed in 4th apartment in basement (bachelor). Short walk to shopping, LRT, Ottawa U, restaurants and Byward Market. Never a vacancy!

Opportunity 1129320

Centre town – Golden Triangle off Bank St - https://bennettpros.com/listings/356-maclaren-street-ottawa-ontario-k2p0m6/

3 unit office building

Price - $1,499,000

Net Income - $84,163

Tired of residential tenant issues? Changing light bulbs, new mortgage rules and noise complaints? Avoid the Landlord Tenant Act in your next investment and consider the perfect downtown office building. Fully occupied office building with three long term happy tenants. Stately office building, with a timeless design and located a few doors from Bank Street and just three blocks from Elgin Street, a brilliant Centertown location. This is the perfect property for long term tenants and consistent investment returns. There is lots of parking and potential ability to expand the property at the rear.