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Multi-family in South Keys

Asking Price $1,200,000
MLS# – 1399101

Rooms & Sizes

Description

This property offers 5 units and is situated on a spacious 100×100 lot in a highly sought-after location. This property also holds great potential for development or as a long-term investment. Its versatile nature allows for various possibilities, making it an ideal choice for investors looking to maximize their returns. Main house could be used by buyer ($2800) and still have 4 other incomes from other units. The property’s advantageous location offers convenience and accessibility. It is in close to parks, public transit (OC Transpo Bus Stop at door on Albion Road), Walmart, South keys shopping centre and schools. This makes it an attractive choice for potential tenants, ensuring a steady stream of rental income. To further sweeten the deal, the owner is offering a vendor take-back mortgage (VTB) for $1,000,000 at a competitive interest rate of 5%. This presents a favourable financing option for interested buyers, making the investment even more enticing. Don’t miss out on this one! (id:52884)

Features

BlockPoured Concrete

BrickSiding

Municipal sewage system

Municipal water

Map

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    Last Updated
    06/28/2024
    Data Provider
    Ottawa Real Estate Board
    Listing Office
    EXP REALTY