For Sale

$2,688,888.00

876 BASELINE ROAD , Ottawa, Ontario K2C0A4

Remarks

Brand new high cashflow Investment in excellent high traffic location that attracts all types of tenants. A complete "turn-key" property is almost 5% cap rate and comes furnished and will be delivered fully rented upon closing! Brand new so there are no maintenance for years to come. Pick and choose the tenant quality and type that you desire, with ample bedrooms in the unit there is no limit to the type of tenants. All appliances, furniture, beds, furnishings, and even cutlery is included so for the investor there is nothing extra that is needed. Expected occupancy date is May 1 2022, pictures are of a similar completed project down the street. Gross Monthly income $14,000+ & Gross Annual income of $168,000+ and a brand new fourplex in a hot area ensures a secure and safe cashflows investment. The property offers many flexibilities, including an owner occupied investment, why not live in one unit and rent the rest? (id:7526)

Property Summary

  • Neighbourhood: Vw/Skyline/Fisher Hts/Parkwood
  • Lot Frontage: 70.0 Feet
  • Lot Depth: 103.0 Feet
  • Lot Size: 70.01 ft X 103 ft
  • No. of Parking Spaces: 6
  • Built in: 2021
  • Zoning: Residential

Property Features:

  • Amenities Nearby:
    Public Transit , Recreation Nearby , Shopping
  • Features:
    Balcony
  • Fence Type:
    Fenced yard
  • Lease Type:
    Lease Type
  • Parking Type:
    Open
  • Property Type:
    Multi-family
  • Sewer:
    Municipal sewage system

Building Features:

  • Basement Development:
    Finished
  • Basement Type:
    Full
  • Building Type:
    Fourplex
  • Construction Style - Attachment:
    Attached
  • Cooling Type:
    Central air conditioning
  • Exterior Finish:
    Siding
  • Flooring Type :
    Laminate , Tile , Ceramic
  • Foundation Type:
    Poured Concrete
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Listing courtesy of: 

EXP REALTY

Office Listing: 

Ali Abbas , Salesperson

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