605 DONALD Street, Ottawa, Ontario, Canada, K1K1L3

Sold for: 940,000 Sale price: 999,999
Sold Sep 15, 2023
1122

About the property:

Amazing Turnkey cash flow opportunity! This all-brick purpose-built triplex features three big units with 3 bedrooms w/ in suite laundry in one of the busiest arterial intersections in the city of Ottawa. This property sits on an oversized lot that is 63x92 and zoned AM-Arterial Mainstream zoning, which is the highest and most flexible zoning available. Centrally Situated in a very desirable area close to all major bus routes, food basics, and is only 1 block away from St. Laurent Mall. Walking distance to just about everything you will need. Only 11 min to Carleton U, and 9 minutes to Ottawa U or Downtown. Everything has been updated; HE Furnace (2015), Tankless HWT (2015), Roof (2019), Entrance/interlock (2018), bricks repointed (2023). All units renovated in 2013 w/ European porcelain kitchens, painted, bathrooms, doors, flooring, /back stairs. Income: $72.9k, NOI $51,615 @5.2% CAP. All tenant leases are available as well. Rent is as follows: APT1- $2,000; APT2- $1,950; APT3- 2,100.

Extra info:

Fully Serviced,Highway Access,Hydro,Natural Gas
Presented By:

Ali Abbas

Broker

Realty Network 100 Inc., Brokerage *