1008 ST. LAURENT BOULEVARD , Ottawa Ontario K1K3B4

Sale $1,199,000  | 
Listing # X12351143
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David Warnes

David Warnes

Broker

Phone: 613.825.7653
Fax: 613.825.8762
Mobile: 613.407.0139

davidwarnes@royallepage.ca
DavidWarnes.com

Royal LePage Team Realty, Brokerage (Independently owned and operated)

Brokerage

4 - 3101 STRANDHERD DR
Ottawa,  ON K2G 4R9

Remarks:

6.85% Cap Rate- Turnkey 5-Unit Semi- Detached Multiplex that has been Fully Renovated with Strong Cash Flow! An exceptional investment opportunity awaits, offering $400,000 in recent capital improvements from top to bottom. 2- 2 Bedroom, 1- 1Bedroom 1- Studio + Den & 1- Studio. The property has been thoughtfully upgraded from the roof, insulation, electrical, plumbing, kitchens, bathrooms, flooring and soo much more making this a truly turnkey asset for any investor. Each unit has been modernized with quality finishes, ensuring long-term durability and tenant appeal. Major systems, interiors, and exterior elements have all been addressed, minimizing future maintenance costs. With a Net Operating Income of $82,196, this property offers a solid return in a market where stability and performance matter. Landlord covers all utilities except for laundry & internet. Whether you're expanding your portfolio or entering the multi-family space, this is an investment you won't want to miss. 1,900SF.FT. of Parking. Investment Package Available with Rent Role & Capital Improvements. Zoning code:AM10(2199)AM10(1211)5228 (id:27)

Investment

Neighbourhood: 3502 - Overbrook/Castle Heights
Lot Frontage: 34.0 Feet
Lot Depth: 124.0 Feet
Lot Size: 34 x 124 FT
No. of Parking Spaces: 7
Floor Space (approx): 2500 - 3000 Square Feet
Bedrooms: 4+2
Bathrooms (Total): 5
Zoning: AM10(2199)AM10(1211)5228

Property Features:

Amenities Nearby: Public Transit
Community Features: Community Centre
Features: Flat site , Carpet Free , Sump Pump
Parking Type: No Garage
Property Type: Multi-family
Sewer: Sanitary sewer
Structure Type: Deck

Building Features:

Appliances: [] , Stove , Refrigerator
Basement Development: Finished
Basement Type: N/A
Building Type: Other
Construction Status: Insulation upgraded
Exterior Finish: Aluminum siding , Brick
Foundation Type: Poured Concrete , Block
Heating Fuel: Natural gas
Heating Type: Forced air