For Sale $3,699,000 1160 MERIVALE Road, Ottawa, ON K1Z 6B5 Nearest City Centre: Ottawa Remarks Great investment opportunity with tons of upside potential! This well maintained, purpose built, 16 unit- 5 storey apartment building is Centrally located and walking distance to many amenities including the experimental farms, transit, dining and shopping. The building offers a mix of 4 bachelor apartments and 12 one bedroom apartments with an elevator, onsite fitness room , coin operated laundry facilities, and a total of 11 parking spots. Each unit is separately metered for hydro and has at least one balcony. Great upside potential to increase rental income by 50% on average Call today to ask for your investor package! Property Summary Neighbourhood: Carlington Annual Tax Amount: $35,938.00 (2022) Lot Frontage: 18.08 Metre Lot Depth: 39.00 Metre No. of Parking Spaces: 11 Zoning: TM
Property Features: Additional Property Uses ICI: Apartment 5+Units Amenities: [] , Elevator , Exercise Centre , Laundry , Security Exterior Finish: Brick Fire Protection: [] Foundation: Block , Poured Concrete Heat Desc: Baseboard Heating Fuel: Electricity Sewer Type: Sewer Connected Title: Freehold Water Supply: Municipal