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258, 260, 262, 264 Bronson Avenue S Ottawa, Ontario K1R 6H8

7200 sqft
Partially Air Conditioned Other

$3,549,000

Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey Development with Multiple Use. Enjoy a good income producing investment (approx. 4.76 Cap Rate when fully rented) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to 2 LRT Stations, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom plus Den unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with the top unit rented for $2,800 and bottom unit presently owner occupied with an estimated rental income of $2,900 per month. Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $201,000.00 - Estimated Gross Expenses are $32,073.00 - Estimated Net Income before mortgage costs of $168,927.00. (id:61872)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X11980773
Property Type Multi-family
Neigbourhood Quarry Glen
Community Name 4204 - West Centre Town
Amenities Near By Public Transit
Parking Space Total 15

Building

Appliances Dishwasher, Dryer, Water Heater, Stove, Washer, Refrigerator
Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Interior 7200 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Depth 99 Ft
Size Frontage 104 Ft ,4 In
Size Irregular 104.38 X 99 Ft
Size Total Text 104.38 X 99 Ft
Zoning Description Tm [2214]

https://www.realtor.ca/real-estate/27934759/258-260-262-264-bronson-avenue-s-ottawa-4204-west-centre-town

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