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
Lifestyle
Neighbourhood Info
Claire Arsenault

Claire Arsenault

Real Estate Agent

Phone:  613.830.3350

Cell:  613.830.3420

Paul Major

Paul Major

Real Estate Agent

Phone:  613.830.3350

Cell:  613.294.5757

Royal LePage Performance Realty, Brokerage (Independently owned and operated)

107 - 250 CENTRUM BLVD
Ottawa,  ON K1E 3J1

Get More Info

Get More Info

Book a tour