DAVID OIKLE

BROKER

382 BRANT STREET
Ottawa, Ontario K1L6V6

$999,999

ID# X11951497
Updated & meticulously maintained 5-plex (R4UA zoning) 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 (id:25961)

INTERESTED IN THIS PROPERTY?

General Inquiry
Courtesy of UPPABE INCORPORATED
Listed on: February 01, 2025

On market: 45 days
Bathroom Total 5
Bedrooms Total 5
Heating Type Radiant heat
Heating Fuel Natural gas
Stories Total 3

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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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