Ottawa, Ontario
369 Lafontaine Avenue offers a fully renovated purpose-built sixplex in one of Ottawas fastest-growing neighbourhoods. Each of the six two-bedroom units features modern kitchens with quartz counters, stainless steel appliances, and in-suite laundry. Bathrooms are stylish and updated, and every unit includes a heat pump with A/C for year-round comfort. Major upgrades include new windows and doors, fresh attic insulation, a sealed foundation with new weeping tile on the north side of the building, and a repaved parking lot. The buildings exterior has been repainted in a clean neutral tone, with common areas improved throughout with new carpets, lighting, paint, secure mailboxes, and enhanced security with Ring cameras. With an NOI of $86,040 and rising rental income, this is a true turnkey opportunity in a neighborhood on the rise just minutes to downtown, transit, shops, and restaurants. Lets book your showing today, properties like this don't last long. (id:61594)
Exp Realty
Ottawa, Ontario
Price improvement! Calling all investors! Looking for an incredible investment opportunity with great potential for appreciation in a central location close to the Experimental Farm, Civic Hospital, Algonquin College with easy access to transit & close to all amenities. Look no further than this well maintained triplex with a positive cash flow of $42,000. 2- 2 bedroom apartments & 1 - 1 bedroom apartment. Vacant possession will be provided for Apartment 2 - July 1st. Opportunity to increase your cash flow or move into one the units. Situated on a large lot 55 ft x 100 ft with a New Roof (2024), Parking for 4 cars, large fenced yard with 4 exterior sheds including one large shed with power. Each apartment also has a separate storage locker. Coin Laundry. This opportunity won't last long - book your showing today! (id:61594)
RE/MAX Hallmark Realty Group
Ottawa, Ontario
Unlock exceptional cash flow with this meticulously maintained 5-unit investment property! Nestled in a highly desirable neighbourhood, this turnkey building is steps from all essential amenities and convenient public transit - steps from shops and restaurants, Tunney's Pasture and LRT. Featuring a mix of spacious, fully rented units: one 2-bedroom, two 1-bedroom, and two bachelor suites - this property is designed to attract high-quality tenants. Ample parking adds further value. R4UD zoning. Annual net operating income of $74,120.48. Don't miss this rare opportunity to own a prime income-generating asset! (id:61594)
RE/MAX Hallmark Realty Group
Ottawa, Ontario
This is a rare investment opportunity featuring eight spacious and beautifully updated residential rental units, including a large single-family home attached to the main building. Situated on a massive lot with ample parking, this property offers exceptional cash flow with low operating costs thanks to no water bills (on well water), low property taxes, a brand new commercial-grade septic system, and separately metered, upgraded electrical throughout. Heating is fully electric and efficiently serviced by brand new heat pumps, with a backup gas furnace available for added security. Seven of the eight units have been renovated three in approximately 2021 and four in 2025 featuring bright, modern, and spacious interiors. The large main home offers tremendous upside with the potential to increase rents following tenant turnover. Located on one of the most desirable streets in the area, this property has incredible future development potential. With several long-term tenants in place, theres significant room for rent growth making this a prime candidate for a high-value refinance as leases turn over.The upside is real and its not priced in! (id:61594)
Exp Realty
Arnprior, Ontario
Opportunity to own this 4 plex in the heart of Arnprior. Fully leased and on a quiet street. Three units have had recent full renovations. Adult occupied non smoking building. Great tenants who pay their rent on time every month. Separate hydro meters for each unit, tenants pay hydro. Four parking spaces included in the rents. Full rent roll available as well as operating costs. Rents total $48900.00 per year and operating cost $8752.00 so net $39,788.00. Vendor will consider holding a partial mortgage. (id:61594)
RE/MAX Affiliates Realty Ltd.
Alfred And Plantagenet, Ontario
This well-maintained 6-plex in Alfred offers a strong investment opportunity. Located near key amenities, including a grocery store, gas station, restaurants, and parks, the property ensures convenience for tenants. The building features some spacious units, all of which are currently tenanted. With a consistent rental income, this property is a solid option for investors looking to add a stable asset to their portfolio in a growing area. AS PER FORM 244, 48-HOUR NOTICE FOR ALL SHOWINGS AND 24-HOUR IRREVOCABLE ON ALL OFFERS, BUT SELLERS MAY RESPOND SOONER. **EXTRAS** *** some pictures taken prior to current tenancy , some tenants did not feel comfortable with pictures of their units being taken * (id:61594)
RE/MAX Delta Realty
Ottawa, Ontario
Superb location, located at 196 Beechwood Ave surrounded by restaurants, pubs, convenience, and grocery stores, constructed in 2021 with a brick from the exterior and Hardie Board on the side and the back of the property. This newly constructed building consists of 13 residential units + 1 commercial. units which are all individually metered. The building is secure with cameras, an intercom, digital locks, and bicycle storage space. The breakdown of units is ( 11 bachelor's units and 2-2 bedroom units) plus 1 commercial retail unit. All of the apartments in the building are fully furnished and are self-contained, with fridges and stoves, washers and dryers, dishwashers, and individual central heating and AC. (id:61594)
Coldwell Banker Sarazen Realty
Ottawa, Ontario
Welcome to 809 Carnelian Crescent, a stunning Sandstone model, Elevation B, built by Richcraft Homes. This meticulously maintained bungalow, freshly painted throughout, is nestled in the sought-after Riverside South neighbourhood. Well-maintained by the original owners, this move-in ready home features updated light fixtures and has been professionally cleaned recently, including carpets. With 2+2 bedrooms and 2+1 bathrooms, this property offers ample space for your family's needs. A welcoming front patio is the perfect spot for enjoying a morning coffee in this peaceful, family-friendly community. Inside, the inviting family room includes a cozy fireplace that adds character, and a convenient TV wall mount is included for easy setup. The kitchen is equipped with stainless steel appliances, a generous wall pantry, and tall cabinets to maximize storage. The sleek granite countertops and stylish backsplash, along with a practical breakfast bar, create a functional space for casual dining. The main floor also features a spacious living room with large windows, ideal for relaxing or family activities. The primary bedroom offers his and hers closets, and the luxurious 5-piece ensuite with double sinks adds an elegant touch. A second bedroom and main bath are also located on the main level. Heading downstairs, you'll find a roomy 4-piece bathroom and a comfortable rec room that's perfect for entertaining. The basement also includes two generously-sized bedrooms, providing extra space for family or guests. Outside, the fenced backyard is an ideal, safe space for children and pets, or the perfect spot to host BBQs and gatherings. This home is perfect for seniors, growing families, or young professionals seeking comfort and convenience. With easy access to shopping, public transit, schools, and amenities, it offers the best of Riverside South living. Some photos are virtually staged. Don't miss the opportunity to own this remarkable home. Book your showing today! (id:61594)
Sutton Group - Ottawa Realty
Ottawa, Ontario
A 5-year-old purpose-built 8-unit apartment building with fully furnished open-concept units, including six 2-bedroom and two 1-bedroom apartments. The property is located close to Montfort Hospital, amenities, and shopping just off Beechwood Ave., near Rockcliffe Park and within walking distance to the Rideau River, offering year-round recreational activities including skating, cross-country skiing, snowshoeing, walking, cycling, swimming, tennis, rowing, and sailing. Gross yearly rent = $231,122.28. Individual rents are as follows: (1) $2,190, (2) $2,500, (3) $1,950, (4) $2,357.50, (5) $2,639.38, (6) $2,610.81, (7) $2,450, (8) $2,562.50. Expenses include taxes: $26,712, hydro: $5057, water: $4,108, gas: $12,263, maintenance: $11,140, management: $8,784, insurance: $6714, advertising: $1,116, Admin $557, Structrual Reserve Allowance $4,562, Total yearly expenses = $81,017. In Financial Information, under Other Expenses, $6,236 is a combination of advertising ($1,116) plus administration ($557) and Structrual Reserve Allowance $4,562 (id:61594)
RE/MAX Hallmark Realty Group
Ottawa, Ontario
Excellent Investment Opportunity in Vanier!This sixplex offers a desirable mix of four 1-bedroom and two 2-bedroom units, each with its own private entrance, eliminating common areas and reducing maintenance. With a strong cap rate of 5.82%, this property is priced to sell and offers exceptional cash flow potential. The property generates a yearly income of $86,837.28 with a net operating income of approximately $69,794.25.Recent capital improvements include a new hot water boiler system, new siding, a new front staircase, and a new sump pump, ensuring long-term durability. Several units have been renovated, generating strong rental income with room for future rent increases, making it easier to qualify for financing. The property features four parking spaces, with tenants handling snow removal, and offers potential to generate additional revenue by charging for parking. There's also an opportunity to add a laundry facility in the utility room for extra income. Located in Ottawa's high-demand Vanier rental market, this property boasts a Walk Score of 89, meaning most daily errands can be completed on foot. Public transportation is easily accessible, with multiple OC Transpo bus routes connecting to downtown Ottawa and key destinations. The area offers a variety of amenities, including the Richelieu-Vanier Community Centre for recreational and cultural activities, as well as the Vanier Museopark for outdoor green space and year-round programming. Don't miss out on this multi-unit investment, schedule your viewing today! (id:61594)
Exp Realty
Ottawa, Ontario
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:61594)
RE/MAX Hallmark Realty Group
Ottawa, Ontario
Westboro, excellent brick purpose built 6 unit apartment building, substantially upgraded and fastidiously maintained, with renovated apartments in an excellent Westboro location. Renovated kitchens and bathrooms, refinished hardwood floors, plumbing stacks replaced, breaker panels in units, hood fans, bathroom fans, dishwashers, 6 parking spaces plus extra area for snow, coin op laundry, storage lockers, owned HWT's, roof ~16 years old, furnace boiler 2015, windows replaced with vinyl windows, outdoor seating area. There is upside to the rents. 1 block to Richmond Rd and the Loblaws Superstore and all the stores and cafe's along Richmond Road, 10 minute walk to LRT transit. (id:61594)
RE/MAX Hallmark Realty Group