- Status:
- Active
- Prop. Type:
- Retail
- MLS® Num:
- X12318090
- Build. Type:
- Residential Commercial Mix
- Photos (45)
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Tired of residential tenants? Invest in a well-maintained multi-purpose building with strong anchor tenants in one of Ottawas premier rental markets - Sandy Hill. This cornerstone opportunity can be the one that carries your entire portfolio, because the owner is able to offer a favourable VTB for qualified borrowers. With 20% down you can cashflow over $2000/month from day 1! This standalone building offers the main floor and basement restaurant / bar with over 3100 sq ft, as well as two 2-bedroom units totalling approx. 1560 sq ft. on the upper floors. NOI approx. 161k, which is a 6.3% CAP rate, which is almost impossible to beat in this area right now. Parking for up to 4 vehicles. Situated close to the Rideau Centre, U of O, Adawe Bridge, Access to 417, 48 hours notice for all showings, and 48 hours notice for all offers. (id:2493)
- Property Type:
- Retail
- Total Living Area:
- 4,706 sq. ft.437 m2
- Total Building Area:
- 4,706 sq. ft.437 m2
- Zoning:
- R4S[480], LC1[2262]
- Taxes:
- $22,206 / -
- Community:
- 4004 - Sandy Hill
- Structure Type:
- Residential Commercial Mix
- Cooling:
- Fully air conditioned
- Fireplace:
- No
- Heating:
- Natural gas, Other
- Water:
- Municipal water
- Lot Frontage:
- 62'18.9 m
- Lot Details:
- Bldg=62 x 71 FT
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Unit 1
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Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated August 2, 2025 at 06:45 PM (UTC)
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- 1 (613) 909-8100
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