$3,549,000
Available - For Sale
Listing ID: X11980773
258, 26 Bronson Avenue South , West Centre Town, K1R 6H8, Ottawa
| Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey Development with Multiple Use. Enjoy a good income producing investment (approx. 4.76 Cap Rate when fully rented) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to 2 LRT Stations, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom plus Den unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with the top unit rented for $2,800 and bottom unit presently owner occupied with an estimated rental income of $2,900 per month. Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $201,000.00 - Estimated Gross Expenses are $32,073.00 - Estimated Net Income before mortgage costs of $168,927.00. |
| Price | $3,549,000 |
| Taxes: | $17120.00 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 258, 26 Bronson Avenue South , West Centre Town, K1R 6H8, Ottawa |
| Postal Code: | K1R 6H8 |
| Province/State: | Ottawa |
| Legal Description: | LT 42, PL 3459; OTTAWA/NEPEAN (PIN # 041 |
| Directions/Cross Streets: | Somerset & Cooper |
| 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 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 7200.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Financial Statement: | F |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
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| 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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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | West Centre Town |
| Neighbourhood: | 4204 - West Centre Town |
| Tax: | $17,120 |
| Fireplace: | N |
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