$1,090,000
Available - For Sale
Listing ID: X12760372
115 Carruthers Avenue , West Centre Town, K1Y 1N4, Ottawa
| Buy a 5-plex for the price of a triplex, cash flowing with HIGH-INCOME and walk to the LRT Tunney's Pasture...700m from the LRT (Tunney's Pasture station), 300m from the Government Tunney's Pasture complex! Gross Income: $98,700.00/yr. Easy to rent to good tenants, this multi-unit building is operated like a well-oiled machine, with keypads on each door and various renovations in each unit. Ideally located a few city blocks from Hintonburg's vibrant shops and restaurants, Tunney's Pasture, and the LRT, with close proximity to the Ottawa River pathways, Laroche Park, Civic Hospital, and the exciting future development at LeBreton Flats. The building offers a strong unit mix designed for tenant demand, consisting of one spacious 2-bedroom unit, two 1-bedroom units, and two bachelor suites, all fully rented. Four of the five units feature in-suite laundry, and the property has been well maintained with renovated interiors, attracting quality long-term tenants. Additional highlights include R4UD zoning, 2 owned hot water tanks, and rear parking for three vehicles accessed via a city-maintained laneway. A rare opportunity to acquire a high-performing, low-maintenance asset in a proven rental location with excellent transit access and long-term upside. See it before it's gone! |
| Price | $1,090,000 |
| Taxes: | $6213.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 115 Carruthers Avenue , West Centre Town, K1Y 1N4, Ottawa |
| Postal Code: | K1Y 1N4 |
| Province/State: | Ottawa |
| Legal Description: | PT LT 14, PL 35 , E CARRUTHERS AV, AS IN |
| Directions/Cross Streets: | Lyndale Ave., & Carruthers Ave. |
| 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 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2146.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | No |
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| RE/MAX HALLMARK REALTY GROUP |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | West Centre Town |
| Neighbourhood: | 4201 - Mechanicsville |
| Tax: | $6,213 |
| Fireplace: | N |
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