LOCATION LOCATION! Modern Newer Built (2013) 8 unit complex in the sought after Westboro/Hampton Park community of Ottawa. Complex consists of 2 x one bedroom and 6 x two bedroom units all with top end finishes including granite counter tops, hardwood floors and stainless steel appliances. Each unit has access to an outdoor space (balcony/entrance), large bedrooms and plenty of natural light. Storage for garbage, recycling and composting available for tenants. Complex is low maintenance with A+ tenants. Lots of room for future rental increases with tenant turnover. 2024 NOI $119,483 and CAP 4.5%; 2025 NOI $129,495.11 and CAP 4.9%; 2026 NOI $137,767.80 and Cap 5.2% (based on recent turnovers and standard rental increases of 2.5%). Assumable CMHC mortgage @4.5% if needed- matures May 2029. |
Price | $2,650,000 |
Taxes: | $22559.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 324 CURRELL Aven , Westboro - Hampton Park, K1Z 7J6, Ottawa |
Postal Code: | K1Z 7J6 |
Province/State: | Ottawa |
Legal Description: | LT 1, PL 282 ; OTTAWA/NEPEAN |
Lot Size: | 15.24 x 100.00 (Feet) |
Directions/Cross Streets: | Churchill Ave. |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Use: | Apts - 6 To 12 Units |
Building Percentage: | T |
Total Area: | 5610.00 |
Total Area Code: | Square Feet |
Area Influences: | Public Transit Recreation/Comm |
Approximatly Age: | 6-15 |
Water Expense: | $5881 |
Net Income Before Debt: | $119483 |
Expenses Actual/Estimated: | $Act |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Yes |
Sewers: | Sanitary |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK REALTY GROUP |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Ottawa |
Municipality: | Westboro - Hampton Park |
Neighbourhood: | 5003 - Westboro/Hampton Park |
Lot Size: | 15.24 x 100.00(Feet) |
Approximate Age: | 6-15 |
Tax: | $22,559 |
Fireplace: | N |