109-111 MARIER AVENUE, Ottawa, Ontario, K1L5R9 Ottawa ON CA

CAD 1,049,000
For Sale MLS: 1328438

Property Details

Bedrooms

2

Bathrooms

1

Neighborhood

Vanier

Basement

Partially Finished, Partial

Property Type

Multi-family

Description

Rare 3-unit investment opportunity consisting of an up-down duplex and separate retail/commercial building! The unit mix of this property includes a converted single family home of 2 x 1 bedroom apartments (one of which includes a partially finished basement with in-unit washer/dryer), plus a separate commercial building, currently being used as an automotive repair business. Rectangular 40' x 100' lot provides excellent future re-development potential. Property is located in close walking distance to popular, trendy Beechwood Avenue. Seller has left both apartment units vacant for showings and to provide a buyer flexibility to use or renovate as they choose. Market rent for upper unit is estimated at $1,200 utilities included and market rent for lower unit is estimated at $1,500 utilities included. Commercial building rented at $3,525 including water, property taxes and HST. Furnace in duplex replaced in 2018. Electrical panel replaced in 2016. (id:1937) Find out more about this property. Request details here

Location

Address

K1L 5R9, Vanier, Ontario, Canada

City

Vanier

Features and Finishes

partially finished basement; in-unit washer/dryer; separate commercial building; furnace replaced 2018; electrical panel replaced 2016

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