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1016-1018 Maitland Avenue Ottawa, Ontario K2C 2B6

Window Air Conditioner Baseboard Heaters

$2,100,000

HEY SAVVY MONEY MAGNETS - 6% cap rate. Explore this fully-occupied fourplex in the city's vibrant west end and with easy highway access. The property comprises five unique apartments, each with high ceilings, large windows, in-unit laundry, and a fully-equipped kitchen. Enjoy the added benefit of ample surface parking and its potential to generate additional income. The property comes with five hydro meters and four owned hot water tanks as well. Occupancy permits for four units are already in place. This strategic location and the building's modern aesthetics make it an ideal opportunity for potential investors. Maybe this is where your dream of an AirB&B empire begins. (id:37684)

Property Details

MLS® Number 1347186
Property Type Multi-family
Neigbourhood Woodward Industrial Park
Amenities Near By Public Transit, Recreation Nearby, Shopping
Features Balcony
Parking Space Total 7

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 1960
Construction Style Attachment Attached
Cooling Type Window Air Conditioner
Exterior Finish Stone, Siding
Fire Protection Smoke Detectors
Flooring Type Tile, Vinyl
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Parking

Gravel

Land

Acreage No
Current Use Development Residential
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 123 Ft ,10 In
Size Frontage 50 Ft
Size Irregular 0.14
Size Total 0.14 Ac
Size Total Text 0.14 Ac
Zoning Description R2f

https://www.realtor.ca/real-estate/25814671/1016-1018-maitland-avenue-ottawa-woodward-industrial-park

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