Exceptional investment opportunity in Ottawa. Quality constructed, well managed 4-unit + bonus apt is a high earner. With concrete foundation & structural integrity, blending location with modern functionality, ensuring a stable, large cash flow. Each unit is well maintained, attracting quality tenants & ensuring consistent rental demand. The prime location allows residents to enjoy easy access to public transit, shopping & many amenities only minutes to downtown & enhances its value & appeal, making it a smart addition to any portfolio. Each unit offers a feeling of home to tenants with desirable kitchens, baths, spacious rooms & unique design. With Ottawa’s R/E market poised for future growth, this property stands out at a 6.2 Cap Rate. Don’t miss the chance to own this asset for your financial growth. Amenities include W/D in 4 units, decks, updated utilities in a high-yielding, low-maintenance investment. Please allow 24 hours showing notice to tenants. (id:20425)
MLS® Number | 1400987 |
Property Type | Multi-family |
Neigbourhood | Vanier |
AmenitiesNearBy | Public Transit, Recreation Nearby, Shopping |
ParkingSpaceTotal | 3 |
BasementDevelopment | Finished |
BasementType | Full (finished) |
ConstructedDate | 1952 |
ConstructionStyleAttachment | Attached |
CoolingType | None |
ExteriorFinish | Siding |
FireplacePresent | Yes |
FireplaceTotal | 1 |
FlooringType | Mixed Flooring |
FoundationType | Poured Concrete |
HeatingFuel | Electric |
HeatingType | Baseboard Heaters |
StoriesTotal | 2 |
Type | Fourplex |
UtilityWater | Municipal Water |
Surfaced |
Acreage | No |
CurrentUse | Development Residential |
LandAmenities | Public Transit, Recreation Nearby, Shopping |
Sewer | Municipal Sewage System |
SizeDepth | 90 Ft |
SizeFrontage | 40 Ft |
SizeIrregular | 40 Ft X 90 Ft |
SizeTotalText | 40 Ft X 90 Ft |
ZoningDescription | R4 |
https://www.realtor.ca/real-estate/27188912/320-altha-avenue-ottawa-vanier
Contact us for more information
Patrick O. Smith
Salesperson
Dylan Puchniak
Salesperson