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$1,100,000
Available - For Sale
Listing ID: X12231887
Location, Location, Location! This fully tenanted and well-maintained TRIPLEX is the perfect turnkey investment opportunity, ideal for investors seeking long-term financial growth. Situated just steps from CARLETON UNIVERSITY, the Rideau River & Canal, local pubs, cozy cafes and public transit that can get you anywhere in the city. This property offers both prime location and strong rental appeal. The building features a spacious 4-bedroom unit on the second level, a 3-bedroom unit on the main level, and a 1-bedroom unit on the lower level all currently occupied by excellent tenants. Investors will appreciate the steady rental income potential, supported by ongoing demand from university students, faculty, and local professionals. Numerous updates have been completed throughout the property, including exterior brickwork, new railings, flashing, soffits, and fascia. Additional improvements include new second-level windows, an upgraded hot water tank, several new appliances, a fully renovated main floor kitchen, and a refreshed second-level bathroom. With it's unbeatable location and consistent tenant demand, this property offers both immediate income and long-term value. Don't miss out on this rare opportunity to invest in a high-demand area with built-in rental stability.
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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 $141,250 $282,500 $423,750 $565,000
First Mortgage $2,683,750 $2,542,500 $2,401,250 $2,260,000
CMHC/GE $73,803.13 $50,850 $42,021.88 $0
Total Financing $2,757,553.13 $2,593,350 $2,443,271.88 $2,260,000
Monthly P&I $11,810.39 $11,107.12 $10,464.34 $9,679.4
Expenses $0 $0 $0 $0
Total Payment $11,810.39 $11,107.12 $10,464.34 $9,679.4
Income Required $442,889.48 $416,516.89 $392,412.9 $362,977.68

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX AFFILIATES REALTY LTD.

125 Hopewell Aven , Glebe - Ottawa East and Area, K1S 2Z2, 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 - Triplex
Area: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4403 - Old Ottawa South
Style: 2-Storey
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $8,134
Maintenance Fee: $0
Beds: 7+1
Baths: 3
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

  Email Us

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

 

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