26 AYLMER AVENUE
Ottawa Ontario K1S2W9
$1,699,000
Address
Street Address
26 AYLMER AVENUE
City
Ottawa
Province
Ontario
Postal Code
K1S2W9
Country
Canada
Community Name
4403 - Old Ottawa South
Property Features
Listing ID
X12812804
Property Type
Multi-family
Property Description
Incredible investment opportunity in Old Ottawa South! Large multi-unit on expansive 30' x 161' lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-Bedroom unit, two 2-Bedroom units and one 1 Bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom - it has it's own Furnace (2020), A/C (2017) and Hot Water Tank (Rental). New addition completed in 2017 with 2 Furnaces and 2 Central Air units. 3 Hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, Roof 2017. City of Ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Annual gross income: $131,055.00. Annual expenses: $24,288.30. Annual net income: $106,766.70. Motivated vendor. PROPERTY SOLD AS IS WHERE. Cap rate: 6.3%. (id:2494)
Property Details
ID
29390176
Equipment Type
Water Heater
Location Description
Cross Streets: Bank St/Aylmer Ave. ** Directions: Bank street near Lansdowne Park, west on Aylmer Ave, house is on the south side of Aylmer Ave.
Parking Space Total
2
Price
1,699,000
Rental Equipment Type
Water Heater
Transaction Type
For sale
Zoning Description
R3
Building
Bathroom Total
6
Bedrooms Above Ground
8
Bedrooms Total
8
Appliances
Dishwasher, Dryer, Two stoves, Washer, Refrigerator
Basement Development
Finished
Basement Type
N/A (Finished)
Cooling Type
Central air conditioning
Exterior Finish
Brick, Vinyl siding
Foundation Type
Concrete, Stone
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3.00
Size Interior
3500 - 5000 sqft
Type
Other
Utility Water
Municipal water
Land
Size Total Text
30.4 x 162 FT
Size Frontage
30 ft ,4 in
Sewer
Sanitary sewer
Size Depth
162 ft
Size Irregular
30.4 x 162 FT
Parking
Name
No Garage
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Listing Office: ROYAL LEPAGE PERFORMANCE REALTY