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$2,575,000
Available - For Sale
Listing ID: X12421864
Introducing 70 Russell Avenue a premier investment opportunity in Ottawa's sought-after Sandy Hill. This newly constructed, purpose-built multi-family property is designed to meet the needs of today's tenants, ensuring energy efficiency and modern amenities that deliver consistent rental income. The building features three spacious five-bedroom units and a unique six-bedroom, two-story suite on the top floor, appealing to diverse tenants. Interiors boast vinyl flooring, large windows, modern kitchens, two full bathrooms, and in-unit laundry. Just a 2-3 minute walk to the University of Ottawa, it offers unbeatable convenience, attracting young professionals and tenants alike. The vibrant neighbourhood includes dining, parks, entertainment, high walkability, and easy access to transit. With steady demand and premium amenities, 70 Russell Avenue is a rare investment in Ottawa's thriving rental market. Don't miss this opportunity to own a high-performing asset in an unbeatable location! Unit 1: $3,998/m, Unit 2: $4,152/m, Unit 3: $4,175/m, Unit 4 $5,850 (6 bed). GOI 218,104, NOI 157,702, TOE 58,221
Price $2,575,000
Taxes: $17,307
Occupancy by: Tenant
Address: 70 RUSSELL Avenue , Lower Town - Sandy Hill, K1N 7X1, Ottawa
Directions/Cross Streets: Russell Ave, corner of Osgoode St.
Rooms: 4
Rooms +: 0
Bedrooms: 16
Bedrooms +: 5
Washrooms: 8
Family Room: F
Basement: Full
Finished
No. of Pieces Level
Washroom 1:  4 Basement
Washroom 2:  4 Main
Washroom 3:  4 Second
Washroom 4:  4 Third
Washroom 5:  0
Washroom 6:  4 Basement
Washroom 7:  4 Main
Washroom 8:  4 Second
Washroom 9:  4 Third
Washroom 10:  0
Washroom 11:  4 Basement
Washroom 12:  4 Main
Washroom 13:  4 Second
Washroom 14:  4 Third
Washroom 15:  0
Washroom 16:  4 Basement
Washroom 17:  4 Main
Washroom 18:  4 Second
Washroom 19:  4 Third
Washroom 20:  0
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Stucco (Plaster)
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 1
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Age: 6-15
Approximatly Square Footage: 3500-5000
Property Features: Public Trans
Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

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

70 RUSSELL Avenue , Lower Town - Sandy Hill, K1N 7X1, Ottawa

Personal Picture
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 - Multiplex
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4004 - Sandy Hill
Style: 3-Storey
Lot Size: 29.62 x 0.00(Feet)
Approximate Age: 6-15
Tax: $17,307
Maintenance Fee: $0
Beds: 16+5
Baths: 8
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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