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246 LAURIER AVENUE E - MLS® # X12318090

$2,550,000

Property Details

Living Area
4,706 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
Bldg=62 x 71 FT
Taxes
N/A
Type
Residential Commercial Mix
Style
N/A
Basement
Year Built
N/A

Description

Tired of residential tenants? Invest in a well-maintained multi-purpose building with strong anchor tenants in one of Ottawas premier rental markets - Sandy Hill. This cornerstone opportunity can be the one that carries your entire portfolio, because the owner is able to offer a favourable VTB for qualified borrowers. With 20% down you can cashflow over $2000/month from day 1! This standalone building offers the main floor and basement restaurant / bar with over 3100 sq ft, as well as two 2-bedroom units totalling approx. 1560 sq ft. on the upper floors. NOI approx. 161k, which is a 6.3% CAP rate, which is almost impossible to beat in this area right now. Parking for up to 4 vehicles. Situated close to the Rideau Centre, U of O, Adawe Bridge, Access to 417, 48 hours notice for all showings, and 48 hours notice for all offers. (id:2469)

Listing Provided By

RE/MAX HALLMARK REALTY GROUP

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CONTACT

Real Estate Listing provided by
  • Name:
    Lucas Smith
  • Phone:
    613-447-6037
  • Mobile:
    613-447-6037
  • Address
    • EXP REALTY 424 CATHERINE ST, UNIT 200
    • Ottawa, ON
    • K1R5T8
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