| MODERN 8-UNIT COMPLEX Newer Built (2013) 8 unit complex in the beautiful sought after Westboro/Hampton Park area 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. Don't miss out on this great investment opportunity. 2024 NOI $119,483 and CAP 4.5%; 2025 NOI $131,692 and CAP 5.0%; 2026 NOI $139,024 and Cap 5.3% (based on recent turnovers and standard rental increases of 2.5%). Assumable CMHC mortgage @4.5% matures May 2029. |
| Price | $2,650,000 |
| Taxes: | $21247.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 324 CURRELL Avenue , Westboro - Hampton Park, K1Z 7J6, Ottawa |
| Postal Code: | K1Z 7J6 |
| Province/State: | Ottawa |
| Legal Description: | LT 1, PL 282 ; OTTAWA/NEPEAN |
| Lot Size: | 15.24 x 100.00 (Feet) |
| Directions/Cross Streets: | Going west on Carling Ave, take a right onto Churchill Ave. and then right onto Currell Ave. Propert |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 5610.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Approximatly Age: | 6-15 |
| Management Expense: | 0 |
| Water Expense: | $5881 |
| Net Income Before Debt: | $119483 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK REALTY GROUP |
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| Book Showing | Email a Friend |
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Westboro - Hampton Park |
| Neighbourhood: | 5003 - Westboro/Hampton Park |
| Lot Size: | 15.24 x 100.00(Feet) |
| Approximate Age: | 6-15 |
| Tax: | $21,247 |
| Fireplace: | N |