Serving Ottawa & Surrounding Communities

11 #'s1-3; 13 #'s 1-3 - 11&13 Acacia Avenue Ottawa, Ontario K1M 0P3

8 Bedroom 6 Bathroom 4,200 ft2
Partially Air Conditioned Baseboard Heaters

$2,575,000

REMARKS FOR CLIENTS: Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, and a parking lot that is2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; owned hot water tanks; fridge/stove/dishwasher/ microwave. Separate electrical panels in each unit with separate external meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI =$118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, a full BMO branch; RBC ATM and LCBO are a 10-minute walk away on Beechwood; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being redeveloped and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for leisurely walks, joggers & dog walkers. Great location for renters and investors alike.OFFER REMARKS: Listing agent owns the building. Offers to be accompanied by appropriate disclosure acknowledgement. 24 hours notice for viewing as a tenant courtesy. (id:37684)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X13558532
Property Type Multi-family
Community Name 3302 - Lindenlea
Amenities Near By Public Transit, Recreation
Features Irregular Lot Size
Parking Space Total 6

Building

Bathroom Total 6
Bedrooms Total 8
Age 51 To 99 Years
Appliances Dishwasher, Dryer, Water Heater, Microwave, Washer
Cooling Type Partially Air Conditioned
Heating Type Baseboard Heaters
Size Exterior 4200 Sqft
Size Interior 4,200 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Recreation
Size Depth 142 Ft
Size Frontage 40 Ft ,1 In
Size Irregular Bldg=40.09 X 142 Ft ; North Line = +13 Ft Vs. South Line
Size Total Text Bldg=40.09 X 142 Ft ; North Line = +13 Ft Vs. South Line
Zoning Description Rud4

https://www.realtor.ca/real-estate/30027434/11-s1-3-13-s-1-3-1113-acacia-avenue-ottawa-3302-lindenlea

Contact Us

Contact us for more information

Your Favourites

 

No Favourites Found