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$2,690,000
Ottawa
442 SUNNYSIDE Avenue, Ottawa, Ontario, K1S0S9
This multi-family property in Ottawa is for sale.
Exceptional turnkey investment property in the heart of Old Ottawa South, just steps from Carleton University, public transit, parks, restaurants, and everyday amenities. Built in 2022, this modern multi-unit building offers approximately 6,000 sq. ft. of thoughtfully designed living space, featuring 3 self-contained units with potential for a future 4th unit, with a separate side entrance already in place.Offering a total of 17 bedrooms and 10 bathrooms, the property is purpose-built for strong rental performance and efficient management. The main unit spans two levels with 7 bedrooms and 4 bathrooms, including an ensuite and Jack & Jill bathroom. The upper two units feature nearly identical layouts, each offering 5 bedrooms and 3 bathrooms, also with ensuite and Jack & Jill bathrooms.Each unit is separately metered and equipped with its own hydro, gas, A/C, and in-unit laundry. High-quality, low-maintenance finishes include commercial-grade flooring, stone countertops, stainless steel appliances, extensive LED pot lighting, and professionally landscaped front and rear yards. Energy-efficient systems help reduce operating costs and support long-term profitability.An outstanding opportunity for investors seeking strong, reliable cash flow in one of Ottawa's most desirable rental locations. Highly attractive to university students and young professionals due to its exceptional convenience and accessibility, supported by proven rental history, stable occupancy, and strong tenant demand. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 163 days on market, against an average age of 62 days across the listings currently for sale in this city
This 17-bed multi-family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,690,000, about 25.4× the local median household income of $106,000.
Carrying it typically needs a household income of about $525,451 (20% down, 25-yr amortization, stress-tested) — roughly 396% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1S)
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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
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.