11 #'s1-3; 13 #'s 1-3 - 11&13 Acacia Avenue,Ottawa, ON K1M0P3
Ottawa, ON K1M0P3
Description
REMARKS FOR CLIENTS: Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, and a parking lot that is2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; owned hot water tanks; fridge/stove/dishwasher/ microwave. Separate electrical panels in each unit with separate external meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI =$118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, a full BMO branch; RBC ATM and LCBO are a 10-minute walk away on Beechwood; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being redeveloped and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for leisurely walks, joggers & dog walkers. Great location for renters and investors alike.OFFER REMARKS: Listing agent owns the building. Offers to be accompanied by appropriate disclosure acknowledgement. 24 hours notice for viewing as a tenant courtesy. (id:13843)
Details
| MLS # | X13558532 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 39 |
| Listing Provided By | DIGI BROKERAGE | David Crapper |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 4,200 |
| Zoning | RUD4 |
Exterior
| Lot Features | Irregular lot size |
|---|
Parking
| Parking Total | 6 |
|---|
Taxes
| Tax Annual Amount | 12122 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1M0P3 |
| Listing VS Median (in K1M0P3) | |
Price: $2,575,000 low | high Med: $2,575,000 sqft: 4,200 low | high Med: 3,850 $ / sqft: $613 low | high Med: $674 On site: 39 low | high Med: 51 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1M0P3 |
| Listing VS Median (in K1M0P3) | |
Price: $2,575,000 low | high Med: $2,575,000 sqft: 4,200 low | high Med: 3,850 $ / sqft: $613 low | high Med: $674 On site: 39 low | high Med: 51 | |
