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42 Brighton Avenue

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  • 3,500 ft2
  • Fully Air Conditioned
  • Radiant Heat, Hot Water Radiator Heat

$1,485,000

Exceptional opportunity to own a turnkey 5-unit income property in sought-after Rideau Gardens, just steps from the scenic Rideau River and Brighton Beach Park. The building offers a unit mix of four 1-bedroom apartments and one spacious 4-bedroom unit, appealing to a wide tenant base. Four of the five units are tastefully renovated, making this a true turnkey investment at a 6% CAP rate! One of the 1-bedroom units can be vacant upon possession, providing flexibility for an owner-occupier or the opportunity to set market rent. Located in a quiet, established neighborhood with easy access to parks, pathways, transit, and amenities, the property also features parking for five vehicles - a rare and valuable bonus in this prime location with spectacular views from large balconies. A strong, income-producing asset in one of Ottawa's most desirable river-adjacent communities. (id:50982)

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Details

Property Details
MLS® Number X13042546
Property Type Multi-family
Neigbourhood Old Ottawa South
Community Name 4404 - Old Ottawa South/Rideau Gardens
Equipment Type Water Heater, Furnace
Rental Equipment Type Water Heater, Furnace
Building
Appliances All
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Radiant Heat, Hot Water Radiator Heat
Size Interior 3,500 Ft2
Type Multi-family
Utility Water Municipal Water
Land
Acreage No
Size Depth 81 Ft
Size Frontage 40 Ft
Size Irregular 40 X 81 Ft
Size Total Text 40 X 81 Ft
Zoning Description R2r[1474], Unassigned

Map

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