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$2,575,000
Est. payment /mo
8 Beds
6 Baths
3,500 SqFt
Active
11 #'S1-3; 13 #'S 1-3 - 13 ACACIA AVENUE Ottawa, ON K1M0P3
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500 - 5000
Square Footage 3,500 sqft
Price per Sqft $735
Subdivision 3302 - Lindenlea
MLS® Listing ID X13467972
Bedrooms 8
Property Description
Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6 plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, in a parking lot that is 2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; fridge/stove/dishwasher/ microwave. Separate meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI = $118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, BMO branch and LCBO are a 10-minute walk away; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being re-developed and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for joggers & dog walkers. Great location for renters and investors alike. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling Window air conditioner
Exterior
Parking Features No
Fence Fenced yard
View Y/N No
Attached Garage No
Total Parking Spaces 6
Garage No
Private Pool No
Building
Story 3
Sewer Sanitary sewer
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