Frank Di Tiero
Royal LePage Team Realty
Your Trusted Partner in Real Estate. Contact me at (613) 301-5794 for all your property needs.
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X11942267
- Bus Major:
- Apts - 6 To 12 Units
- Photos (34)
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Purpose built 6-unit building in an outstanding location. Great unit split with 4 x 2 bedroom units with balconies, 1 x 1 bedroom and 1 bachelor, 3 parking spaces. Short walk to everything Bank street has to offer and picturesque Rideau River. Well kept building with many renovations over the years including some bathrooms, kitchens, flooring. Furnace and Fire retrofit 2016, great tenants and very easy management. Upside in rents on tenant turnover. Gross Income: $98,640.00, Total Expenses: $30,856.80, Net Operating Income: $67,783.20 **EXTRAS** Common area, mechanical room, storage room and laundry available.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Approx. Age:
- 51-99
- Total Area:
- 2500 sq. ft. Square Feet
- Total Area:
- 2,500 sq. ft.
- Depth:
- 30'11⅞"
- Frontage:
- 72'6"
- Lot Shape:
- Irregular
- Water supply:
- Municipal
- Zoning:
- R3P[487]
- Heating type:
- Gas Forced Air Open
- Garage:
- None
- Parking Spaces:
- 3
- Possession Details:
- TBA
- HST Applicable To Sale Price:
- Call LBO
- Type Taxes:
- Annual
- Taxes:
- $10,158 / 2024
- Assessment:
- $- / -
- Glebe - Ottawa East and Area
- 4404 - Old Ottawa South/Rideau Gardens
- Ottawa
- Public Transit
- Utilities:
- Available
- Air Conditioning:
- Partial
- Seller Property Info Statement:
- No
- Gross income:
- $98,640
- Net Income Before Debt:
- $67,783.2
- Expenses Actual/Estimated:
- Actual
- Heating Expenses:
- $3,454
- Hydro Expenses:
- $1,591
- Insurance Expenses:
- $9,000
- Tax Expenses:
- $10,158
- Operating Expenses:
- $528
- Other Expenses:
- $3,948
- Water Expenses:
- $2,176
- Year Expenses:
- 30856
- Property Management Company:
- Self Managed
- Major Business Type:
- Apts - 6 To 12 Units
- Category:
- Apartment
- Date Listed:
- Jan 27, 2025
- Original Price:
- $1,699,900
- Previous Price:
- $1,699,900
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Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated May 22, 2025 at 04:15 AM (UTC)
- FRANK DI TIERO
- ROYAL LEPAGE TEAM REALTY
- 1 (613) 3015794
- Contact by Email
Quick Links
Contact Me
Direct: (613) 301-5794
fdtiero@royallepage.ca
Head Office
384 RICHMOND ROAD
Ottawa, ON, K2A 0E8