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MLS® X13206444

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 10539 sqft
Garage Unknown
Taxes $10,329
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $203
MLS® Number X13206444

Property Address: 1549 Maxime St, Gloucester, ON, K1B3K9

Average square foot calculated using Size range provided by listing agent.

Description

Outstanding Multi-Family Investment with Income & Future Potential. Located in Ottawas east end, this well-maintained 6-unit apartment building offers both stable rental income and exciting long-term growth opportunities. Sitting on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth), the property combines strong cash flow with excellent redevelopment potential. Currently fully occupied, the building generates over $9, 800 in monthly rental income (~$118, 000 annual), making it an attractive turnkey investment from day one. The unit mix is highly rentable and diverse: three 2-bedroom units, two 1-bedroom units, and one bachelor apartment. Recent improvements include a new 50-year roof installed in 2018 and modern renovations in several units, reducing future maintenance concerns and enhancing tenant appeal. The property is zoned R1WW[637], unlocking possibilities for future development while maintaining immediate income stability. The location is a major asset- just minutes from Highway 417, Blair and Cyrville LRT stations, shopping centres, restaurants, and everyday conveniences. Tenants benefit from excellent connectivity, while investors gain peace of mind knowing the property is situated in a desirable and growing area. Whether you are looking to expand your multi-family portfolio, secure a reliable cash-flowing property, or position yourself for redevelopment in the future, this building checks all the boxes. A rare opportunity to invest in a strong-performing asset with both present income and future upside. (id:58753)Show Description
MLS® NumberX13206444
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageUnknown
Approx. Age
Basement
DrivewayGarage Type:Unknown
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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  • Commute

Commute

Starting Address
Destination Address
1549 Maxime St, Gloucester, ON
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