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86 Empress Avenue Ottawa, Ontario K1R 7G2

None Hot Water Radiator Heat, Radiant Heat

$1,379,000

Blue-Chip Investment! Turnkey investment property, with fantastic revenue! This one is truly a GEM! All three apartments are larger than average and include an additional room/office. Recent renovations were done on bathrooms, kitchens, flooring, new fixtures, stairs and railings, in-unit laundry, new drywall, and paint throughout. All plumbing and electrical have been updated. New appliances, 2019 shingles, 2010 high-efficiency boiler. Exterior brick, chimney, and parging have all been well maintained and are in good condition. The rear parking lot is paved and supports five cars. This building is immaculate! Location is amazing: walking distance to Downtown, BluesFest, Ottawa River, and only a 6-minute walk to the LRT: Pimisi Station. This is a prime location for rentals! You will never have difficulty getting these units rented. Potential development and/or addition for more revenue, being zoned R4UD, which supports up to 8 apartments. (id:36465)

Property Details

MLS® Number 1270935
Property Type Multi-family
Neigbourhood Centre Town West
Amenities Near By Public Transit, Shopping, Water Nearby
Features Balcony
Parking Space Total 5
Structure Deck

Building

Basement Development Unfinished
Basement Features Low
Basement Type Unknown (unfinished)
Construction Material Wood Frame
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick
Flooring Type Hardwood, Tile
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat, Radiant Heat
Stories Total 3
Type Triplex
Utility Water Municipal Water

Parking

Surfaced

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit, Shopping, Water Nearby
Sewer Municipal Sewage System
Size Depth 115 Ft
Size Frontage 33 Ft ,4 In
Size Irregular 33.33 Ft X 115 Ft
Size Total Text 33.33 Ft X 115 Ft
Zoning Description R4ud

https://www.realtor.ca/real-estate/23855933/86-empress-avenue-ottawa-centre-town-west

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