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187 Stanley Avenue Ottawa, Ontario K1M 1P2

Central Air Conditioning Forced Air

$3,200,000

BRAND NEW, Turnkey investment property in PRIME LOCATION. Opportunity knocks with this legal FOURPLEX in premium location, backing onto Stanley Park in sought-after New Edinburgh, steps to the River, Beechwood walking district, embassies, close to DFAIT & the Byward Market. This unique back-to-back double boasts TWO spacious 2-storey, 3 bedroom, 3 bath units, and TWO 2 bedroom, 1 bath basement units, totalling FOUR luxury units. Low maintenance, designer finishes throughout and featuring fireplaces, quartz countertops and LED lighting. Projected annual Gross $162,000. Net $140,000. 4+ cap rate in this location is an exceptional opportunity for investment or owner to live in and rent out the rest. Don't miss out on this opportunity. (id:20425)

Property Details

MLS® Number 1304345
Property Type Multi-family
Neigbourhood New Edinburgh
Amenities Near By Public Transit, Recreation Nearby, Shopping, Water Nearby

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 2022
Construction Style Attachment Attached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fireplace Present No
Flooring Type Hardwood, Tile
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Parking

Street Permit

Land

Acreage No
Current Use Development Residential
Land Amenities Public Transit, Recreation Nearby, Shopping, Water Nearby
Sewer Municipal Sewage System
Size Depth 143 Ft
Size Frontage 33 Ft ,4 In
Size Irregular 33.33 Ft X 142.97 Ft (irregular Lot)
Size Total Text 33.33 Ft X 142.97 Ft (irregular Lot)
Zoning Description R4ud

https://www.realtor.ca/real-estate/24672951/187-stanley-avenue-ottawa-new-edinburgh

Interested?

Contact us for more information


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Chris Coveny
Broker

(613) 858-2188
www.ottawamove.com

Royal LePage Performance Realty
165 Pretoria Avenue
Ottawa, Ontario K1S 1X1

(613) 238-2801
(613) 238-4583

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