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$1,199,999
Ottawa
391 Greenwood Avenue, Ottawa, Ontario, K2A0X4
This multi-family property in Ottawa is for sale offering roughly 1,750 sq ft of space. It has been on the market 45 days, fresher than the Ottawa average of 62 days.
Discover an excellent investment opportunity in sought-after Westboro! This all-brick triplex features three legal, two-bedroom units, offering an attractive combination of location, rental income, and long-term investment potential. With approximately $76,000 in seller-reported gross rental income, the property presents an opportunity for investors seeking an established rental property or owner-occupiers looking to benefit from additional rental income. The property features separate hydro meters for Apt 1 & 2, Upgrades include - Furnace 2024, A/C 2019. 2nd floor kitchen & bath renos 2024, n new carpeting 2024, electrical and plumbing 2023, and new basement windows 2023. Windows in Apt 1 and 2- 2019. Roof 2018. Enjoy a prime Westboro location An established multi-unit income property in one of Ottawa's most desirable neighbourhoods close to shopping, restaurants, schools, public transit, parks and recreational amenities. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 45 days on market, against an average age of 62 days across the listings currently for sale in this city
This 6-bed multi-family in Ottawa has been listed for 45 days, which is 17 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 $1,199,999, about 11.4× the local median household income of $105,000.
Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 123% above the area median.
Source: Statistics Canada, 2021 Census (FSA K2A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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