REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,449,000
Est. payment /mo
Active
260, 262, 264 BRONSON AVE Ottawa, ON K1R 6H8
UPDATED:
Key Details
Property Type Other Types
Sub Type Multifamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1415395
Year Built 1930
Annual Tax Amount $10,815
Tax Year 2024
Property Sub-Type Multifamily
Property Description
Excellent Income producing Investment property features 3 large attached 4-bedroom Townhomes & 10 outdoor parking spots - Great Development Potential - Zoned TM [2214] with multi-use zoning opportunities - Gross Income of approx. $120,072 - Great possibility of building expansion as townhomes are situated very close to the frontage line which could potentially increase income and potentially pay down mortgage very quickly with right expansion project - All 3 townhomes include good tenants, 4-Bedrooms & 2 Full bathrooms and have undergone extensive renovations. Each Townhome has it's own furnace, laundry, hydro meter & water meter resulting in tenants paying for all utilities resulting in a very strong Net Income of approx. $97,900 not including Mortgage costs. Located in one of the Main Corridors to the exciting Future Development of LeBreton Flats - walking distance to LRT Stations & minutes to Downtown/both Main Universities & many of the National Capitals major tourists attractions.
Location
Province ON
Rooms
Basement Full
Interior
Heating Natural Gas
Flooring Hardwood, Other (See Remarks), Tile
Exterior
Parking Features Open
Building
Dwelling Type Triplex
Story 2
Sewer Sewer Connected
Water Municipal
Structure Type Brick,Siding,Stucco
Listed by RE/MAX HALLMARK REALTY GROUP