8 Bed, 6 Bath Multi-Family for Sale in Ottawa – 11 #’S1-3; 13 #’S 1-3 – 13 ACACIA AVENUE, Ottawa – MLS# X13467972

Home / Properties / 11 #'S1-3; 13 #'S 1-3 - 13 ACACIA AVENUE, Ottawa
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$2,575,000

11 #'S1-3; 13 #'S 1-3 - 13 ACACIA AVENUE, Ottawa

8 Beds • 6.0 Baths • Multi-Family
MLS# X13467972
  • Multi-Family
  • Spacious 8-bedroom layout
  • Ottawa location
613-369-5199

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About This Property

Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6 plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, in a parking lot that is 2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; fridge/stove/dishwasher/ microwave. Separate meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI = $118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, BMO branch and LCBO are a 10-minute walk away; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being re-developed and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe’s secluded streets are great for joggers & dog walkers. Great location for renters and investors alike. (id:66401)

Property Details

Bedrooms 8
Bathrooms 6.0
Property Type Multi-Family

Location

11 #'S1-3; 13 #'S 1-3 - 13 ACACIA AVENUE, Ottawa, Ontario, K1M0P3

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14 Chamberlain Ave. #101, Ottawa, ON K1S 1V9

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