DAVID OIKLE

BROKER

12 JOLLIET AVENUE
Ottawa, Ontario K1L5H5

$3,200,000

ID# X12003657
A 5-year-old purpose-built 8-unit apartment building with fully furnished open-concept units, including six 2-bedroom and two 1-bedroom apartments. The property is located close to Montfort Hospital, amenities, and shopping just off Beechwood Ave., near Rockcliffe Park and within walking distance to the Rideau River, offering year-round recreational activities including skating, cross-country skiing, snowshoeing, walking, cycling, swimming, tennis, rowing, and sailing. Gross yearly rent = $228,145.56. Individual rents are as follows: (1) $2,190, (2) $2,500, (3) $1,950, (4) $2,300, (5) $2,575, (6) $2,547.13, (7) $2,450, (8) $2,500. Expenses include taxes: $26,712, hydro: $5057, water: $4,108, gas: $12,263, maintenance: $11,140, management: $8,784, insurance: $6714, advertising: $1,116, Admin $557, Structrual Reserve Allowance $4,562, Total yearly expenses = $81,017. In Financial Information, under Other Expenses, $6,236 is a combination of advertising ($1,116) plus administration ($557) and Structrual Reserve Allowance $4,562 (id:25961)

INTERESTED IN THIS PROPERTY?

General Inquiry
Courtesy of RE/MAX HALLMARK REALTY GROUP
Listed on: March 06, 2025

On market: 29 days
Cooling Type Fully air conditioned
Heating Type Forced air
Heating Fuel Natural gas

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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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