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260,262,264 BRONSON AVENUE
Ottawa, Ontario K1R6H8

$2,449,000

ID# 1415395

ABOUT THIS PROPERTY

Excellent Income producing Investment property features 3 large attached 4-bedroom Townhomes & 10 outdoor parking spots - Great Development Potential - Zoned TM [2214] with multi-use zoning opportunities - Gross Income of approx. $120,072 - Great possibility of building expansion as townhomes are situated very close to the frontage line which could potentially increase income and potentially pay down mortgage very quickly with right expansion project - All 3 townhomes include good tenants, 4-Bedrooms & 2 Full bathrooms and have undergone extensive renovations. Each Townhome has it's own furnace, laundry, hydro meter & water meter resulting in tenants paying for all utilities resulting in a very strong Net Income of approx. $97,900 not including Mortgage costs. Located in one of the Main Corridors to the exciting Future Development of LeBreton Flats - walking distance to LRT Stations & minutes to Downtown/both Main Universities & many of the National Capitals major tourists attractions. (id:25961)

PROPERTY DETAILS

Year Built 1930
Cooling Type Unknown
Flooring Type Hardwood, Tile, Other
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2

Property Type

Multi-family
Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: October 07, 2024

On market: 47 days

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