LOADING

1624 Baseline Road Ottawa, Ontario K2C 0B7

None Heat Pump, Hot Water Radiator Heat

$899,000

This income generating property offers a great opportunity for investors. A non-conforming 7 unit within St.Claire Gardens near amenities, Algonquin College and on main bus routes. Fire safety letter on file, 2 hydro meters, 2 electrical panels, 2 owned hot water tanks (both installed in the last year), roof on the Baseline side was replaced in 2015, Boiler in good working order and maintained regularly, Two fan-coil heating systems installed in 2010 providing heat to 4 units while the others use water radiators and storage lockers throughout the common areas. Appliances are all included; 8 stoves (1 replacement back up), 8 fridges (1 replacement back up), 1 commercial grade coin operated washer and dryer generating $600/year. 7 leases in place; generating a gross operating income of $77,940! (id:25865)

Property Details

MLS® Number 1104618
Property Type Multi-family
Neigbourhood St. Claire Gardens/Meadowlands
Community Name Nepean
Parking Space Total 10

Building

Constructed Date 1960
Cooling Type None
Exterior Finish Brick, Siding
Fireplace Present No
Foundation Type Poured Concrete
Heating Type Heat Pump, Hot Water Radiator Heat
Stories Total 2
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 89 Ft ,6 In
Size Frontage 100 Ft
Size Irregular 100 Ft X 89.5 Ft
Size Total Text 100 Ft X 89.5 Ft
Zoning Description R2f

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=19326800

Your Favourites

 

No Favourites Found