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308 Cyr Avenue Ottawa, Ontario K1L 7N7

Hot Water Radiator Heat

$1,695,000

Solid investment opportunity! 9 unit brick building. Unit mix, 8 - 1 bedroom units and 1 - bachelor with 7 parking spaces. 5 units have been updated. Rents are low which leaves room for upside. Also the large 64 x 96 lot allows space for a potential addition or development. Roof (2020) and Boiler (2013) with some updated windows. Upcoming area within minutes to the downtown core and developments of new homes on the street / surrounding area. Current average rent is low - $841/month. Projected rent with parking $1300/month. Seller would consider a VTB up to 15%. (id:37742)

Property Details

MLS® Number 1250511
Property Type Multi-family
Neigbourhood Vanier
Parking Space Total 7

Building

Constructed Date 1950
Exterior Finish Brick
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 2
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 96 Ft
Size Frontage 64 Ft
Size Irregular 64 Ft X 96 Ft
Size Total Text 64 Ft X 96 Ft
Zoning Description R5d

https://www.realtor.ca/real-estate/23401011/308-cyr-avenue-ottawa-vanier

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