CAONOttawaCarlington1314 Emperor Ave
1314 Emperor Ave, Home with 0 bedrooms, 6 bathrooms and 6 parking in Ottawa ON | Image 1
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$1,450,000

1314 Emperor Ave, Ottawa, ON

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Investment
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $11,068
Days Active 72
Approx. Age 
MLS® Number X12065084

Property Address: 

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

Description

Your next investment opportunity in Ottawa's hot rental market...This solid brick 6-unit building is in good condition, fully rented, and offers a combination of 2 one-bedroom apartments on the lower level & 4 two-bedroom apartments on the second and third levels...More than 6 parking spots outside...6 storage bins & coin-operational laundry on the lower level...Centrally located property with easy access to many amenities like the downtown, the 417, Merivale Road shopping, hospitals, transit, experimental farm, parks, and more...Units are spacious & sunny with Southern exposure...Every unit has its own hydrometer, and one is for the common areas...Some rents are below market value with plenty of upside on future rents...The property is built on a large lot 108x100 ft with potential for future development in a rapidly growing & changing area...Gross Operating Income is $90, 500/year, Operating Costs is around $28500/year and Net Operating Income is around $62, 000/year.Show Description
MLS® NumberX12065084
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas Hot Water
A/CNo
Heating Fuel

Extras

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