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$1,985,000
Ottawa
72 Pretoria Avenue, Ottawa, Ontario, K1S1W9
This multi-family property in Ottawa is for sale offering roughly 5,000 sq ft of space.
This 6-unit fully tenanted residential building offers strong holding power, consistent rental demand, and valuable upside for savvy investors or portfolio builders. Composed of five 2-bedroom units, and a 1 bedroom unit. Coin operated laundry in the building. 2 parking spaces can generate extra income. Tenants pay hydro. Roof (2018), Windows (2016), Boiler (2025). Grocery store, LCBO, TD Bank, the Canal and bike/walking trail all located across the street, minutes to Carleton and Ottawa University, downtown government employment hubs, Highway 417 access and more; this easily attracts tenants making it easy to rent. FUTURE DEVELOPMENT POTENTIAL. Plans to add a building in the back have been approved with the City and ready to start. Whether you are looking to acquire a turnkey income generator, or secure a prime piece of central Ottawa real estate, 72 Pretoria Avenue delivers location, scale, and long-term capital appreciation potential. Gross Income $135,675. Operating expenses $30,340. NOI $105,334. Potential additional parking income $2400. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 69 days on market, against an average age of 62 days across the listings currently for sale in this city
This 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 $1,985,000, about 18.7× the local median household income of $106,000.
Carrying it typically needs a household income of about $387,740 (20% down, 25-yr amortization, stress-tested) — roughly 266% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1S)
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Loading rates, 30-yr amortization
Cash Needed to Close
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