42 Brighton Avenue, Ottawa, Ontario K1S0T2

Listing courtesy of EXP REALTY.

$1,425,000
3,500
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,425,000
MLS®
X13477544
Days on Market
35
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Living Area
3,500
Lot Size Dimensions
40 x 81 FT
Subdivision
4404 - Old Ottawa South/Rideau Gardens

Property Description

Exceptional opportunity to own a turnkey 5-unit income property in sought-after Rideau Gardens, just steps from the scenic Rideau River and Brighton Beach Park. The building offers a unit mix of four 1-bedroom apartments and one spacious 4-bedroom unit, appealing to a wide tenant base. Four of the five units are tastefully renovated, making this a true turnkey investment at a 6.3% CAP rate! One of the 1-bedroom units can be vacant upon possession, providing flexibility for an owner-occupier or the opportunity to set market rent. Located in a quiet, established neighborhood with easy access to parks, pathways, transit, and amenities, the property also features parking for five vehicles - a rare and valuable bonus in this prime location with spectacular views from large balconies. A strong, income-producing asset in one of Ottawa's most desirable river-adjacent communities (id:5764)

Additional Information

Subdivision
4404 - Old Ottawa South/Rideau Gardens
Cooling
Fully air conditioned
Country
Canada
Heating
Hot water radiator heat, Radiant heat, Natural gas

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks