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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 5003 - Westboro/Hampton Park
MLS Listing ID X12256609
Annual Tax Amount $22,559
Tax Year 2025
Property Sub-Type Investment
Property Description
LOCATION LOCATION! Modern Newer Built (2013) 8 unit complex in the sought after Westboro/Hampton Park community of Ottawa. Complex consists of 2 x one bedroom and 6 x two bedroom units all with top end finishes including granite counter tops, hardwood floors and stainless steel appliances. Each unit has access to an outdoor space (balcony/entrance), large bedrooms and plenty of natural light. Storage for garbage, recycling and composting available for tenants. Complex is low maintenance with A+ tenants. Lots of room for future rental increases with tenant turnover. 2025 NOI $128,549 and CAP 4.9%; 2026 NOI $141,128 and Cap 5.3% (based on recent turnovers). Assumable CMHC mortgage @4.5% if needed- matures May 2029.
Location
State ON
County Ottawa
Area Ottawa
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 50.0
Lot Depth 100.0
Building
Building Age 6-15
Others
ParcelsYN No
Listed by RE/MAX HALLMARK REALTY GROUP
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