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$1,575,000
Available - For Sale
Listing ID: X12016660
Investors, this is an exceptional opportunity. This fully renovated fourplex is situated in the heart of downtown Ottawa, offering a high walk score and unparalleled access to Sussex Drive, the Byward Market, the Ottawa River/Canal, and the Rideau Centre. Residents will enjoy immediate proximity to restaurants, shopping, public transit, and essential amenities. This turnkey property is a strong income-generating asset in a high-demand rental market, featuring four fully occupied units - two two-bedroom and two one-bedroom apartments. Each unit has been thoughtfully upgraded with contemporary kitchens, stainless steel appliances, spacious living areas, and modern full bathrooms, designed for comfortable urban living. An added advantage is the on-site parking at the rear of the building, a highly sought-after feature in this desirable downtown location. This turnkey fourplex is a high-performing income-generating property, bringing in $7,940/month ($95,280/year) in rental income with low expenses, making it a fantastic investment opportunity in a prime location. With the added flexibility of creative financing options, including VTB possibilities, this is a rare opportunity to secure a truly unique property. Don't miss your chance - schedule a private showing today!
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $78,750 $157,500 $236,250 $315,000
First Mortgage $1,496,250 $1,417,500 $1,338,750 $1,260,000
CMHC/GE $41,146.88 $28,350 $23,428.13 $0
Total Financing $1,537,396.88 $1,445,850 $1,362,178.13 $1,260,000
Monthly P&I $6,584.55 $6,192.46 $5,834.1 $5,396.48
Expenses $0 $0 $0 $0
Total Payment $6,584.55 $6,192.46 $5,834.1 $5,396.48
Income Required $246,920.69 $232,217.38 $218,778.87 $202,368.09

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

52 St Andrew Stre , Lower Town - Sandy Hill, K1N 5E9, Ottawa

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Fourplex
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4001 - Lower Town/Byward Market
Style: 2-Storey
Lot Size: x 100.50(Feet)
Approximate Age: 100+
Tax: $8,370
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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