25-35 Bertrand Street, Ottawa, Ontario, K1M1Y4




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$1,949,000
Ottawa
This multi-family property in Ottawa is for sale.
An incomparable investment opportunity in one of Ottawa's most sought-after neighborhoods awaits savvy investors. In the heart of Lindenlea, 6 rental units await all the benefits of an advantageous address: minutes to amenities and specialty shops of Beechwood Village, Global Affairs and the Byward Market. Steps to transit for a swift commute downtown or out of the city. Surrounded by bike paths, parks and heritage homes, this opportunity is an optimal long term investment for the right portfolio. At approximately 1000 sq.ft each, these units boast generous spaces that are difficult to find in todays rental market. Each well maintained suite features 2 bedrooms, full bath, bright living spaces, laundry, and a private garden. With room for a BBQ or urban garden, the appeal and ease with which to attract tenants is ready-made. Some lower levels are finished, while others await customization. Take advantage of this project which offers excellent value to get in on the ground floor and reap the benefits. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 504 days on market, against an average age of 62 days across the listings currently for sale in this city
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Approximate location — exact address confirmed upon showing
This home lists at $1,949,000, about 15.2× the local median household income of $128,000.
Carrying it typically needs a household income of about $380,708 (20% down, 25-yr amortization, stress-tested) — roughly 197% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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