70 RUSSELL AVENUE|Ottawa, Ontario K1N7X1

MLS Number: X12421864

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 16 + 5 • Bathrooms: 8 • Building Type: Other • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: No Garage • Parking Spaces: N/A

Description: Introducing 70 Russell Avenue a premier investment opportunity in Ottawa's sought-after Sandy Hill. This newly constructed, purpose-built multi-family property is designed to meet the needs of today's tenants, ensuring energy efficiency and modern amenities that deliver consistent rental income. The building features three spacious five-bedroom units and a unique six-bedroom, two-story suite on the top floor, appealing to diverse tenants. Interiors boast vinyl flooring, large windows, modern kitchens, two full bathrooms, and in-unit laundry. Just a 2-3 minute walk to the University of Ottawa, it offers unbeatable convenience, attracting young professionals and tenants alike. The vibrant neighbourhood includes dining, parks, entertainment, high walkability, and easy access to transit. With steady demand and premium amenities, 70 Russell Avenue is a rare investment in Ottawa's thriving rental market. Don't miss this opportunity to own a high-performing asset in an unbeatable location! Unit 1: $3,998/m, Unit 2: $4,152/m, Unit 3: $4,175/m, Unit 4 $5,850 (6 bed). GOI 218,104, NOI 157,702, TOE 58,221 (41323812)

Agent Information: • Agents: Reed Allen; Matt Richling • Contact: 613-762-7818; 613-286-9501 • Brokerage: RE/MAX HALLMARK REALTY GROUP; RE/MAX HALLMARK REALTY GROUP • Website: http://www.hallmarkottawa.com/; http://www.hallmarkottawa.com/

Time on Realtor: 7 days ago