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$7,490,000
Ottawa
2176 Blossom Drive, Ottawa, Ontario, K1H6G8
This multi-family property in Ottawa is for sale. It has been on the market 54 days, fresher than the Ottawa average of 62 days.
Rarely offered in highly desirable Alta Vista, 2176 Blossom Avenue presents an exceptional opportunity to acquire a well-maintained 28-unit residential apartment building in an established Ottawa neighbourhood. The three-storey property offers a diverse unit mix of 19 one-bedroom units, 8 two-bedroom units and 1 bachelor apartment, providing a well-balanced rental profile. The property features 18 surface parking spaces and convenient on-site laundry facilities on both the ground and third levels. Recent improvements have enhanced the building's common areas, including a refreshed main entrance with new ceramic tile, fresh paint and a distinctive accent reception wall. Common areas throughout the building have also been updated with new carpet and paint, creating a clean and welcoming atmosphere for residents. With its desirable location, 28-unit scale, diverse unit mix, parking and recent updates, 2176 Blossom Avenue offers a rare opportunity to acquire a well-maintained multi-residential asset in one of Ottawa's established and desirable neighbourhoods. All additional information on property is available via Dropbox link upon request. Please sign the Non-Disclosure Agreement and return it via email for access to link. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 54 days on market, against an average age of 62 days across the listings currently for sale in this city
This 36-bed multi-family in Ottawa has been listed for 54 days, which is 8 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $7,490,000, about 72.7× the local median household income of $103,000.
Carrying it typically needs a household income of about $1,463,059 (20% down, 25-yr amortization, stress-tested) — roughly 1320% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice