$999,999
Available - For Sale
Listing ID: X11951498
382 BRANT St , Vanier and Kingsview Park, K1L 6V6, Ontario
| Updated & meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with flexible surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5x stoves, 5x fridges, 2x dishwashers. |
| Extras: 5x stoves, 5x fridges, 2x dishwashers, 6 hydro meters |
| Price | $999,999 |
| Taxes: | $5725.00 |
| Tax Type: | Annual |
| Occupancy: | Partial |
| Address: | 382 BRANT St , Vanier and Kingsview Park, K1L 6V6, Ontario |
| Postal Code: | K1L 6V6 |
| Province/State: | Ontario |
| Legal Description: | LT 30, PL 337; PT LT 31, PL 337 AS IN N6 |
| Lot Size: | 57.08 x 72.47 (Feet) |
| Directions/Cross Streets: | Mcarthur Ave to Brant St. |
| Category: | Apartment |
| Use: | Apts-2 To 5 Units |
| Building Percentage: | Y |
| Total Area: | 0.00 |
| Total Area Code: | Sq Ft |
| Taxes Expense: | $5725 |
| Insurance Expense: | $3673 |
| Management Expense: | 0 |
| Heat Expenses: | $3325 |
| Hydro Expense: | $695 |
| Water Expense: | $2460 |
| Gross Income/Sales: | $72000 |
| Operating Expenses: | $17900 |
| Net Income Before Debt: | $54100 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | N |
| Sewers: | San+Storm |
| Water: | Municipal |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3404 - Vanier |
| Lot Size: | 57.08 x 72.47(Feet) |
| Tax: | $5,725 |
| Maintenance Fee: | $2,072 |
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