1312 AVENUE R AVENUE, Ottawa
- Multi-Family
- Spacious 6-bedroom layout
- 5-car parking
- Ottawa location
Ask Peter Sagos about this property
About This Property
Attention investors & multi-generational families! With 3 separate units, this turnkey property ticks all the boxes for both Owner occupiers or investors looking for SIGNIFICANT CASH FLOW! Location is unbeatable: a 2-minute walk to the LRT plugs you directly into Ottawa’s transit vein, reaching downtown Parliament, Ottawa U, and La Cité in less than 15 minutes. Daily errands are a breeze with Trainyards retail hub just a 10-minute walk away, putting every possible amenity at your doorstep. The Home features a bright 3-bed, 1-bath upper unit and a spacious 2-bed, 1-bath lower unit. The detached in-law suite offers a private, separate 1-bed, 1-bath layout with 36 Inch Doors and Walk in Shower. Extensive recent updates within the last year leave absolutely nothing to do: enjoy updated flooring, gorgeous quartz countertops, modern backsplashes, fresh paint, and updated lighting throughout. The exterior boasts a massive parking area for up to 5 vehicles and premium 50-year shingles for ultimate peace of mind and low maintenance reserves. Whether you are looking to house an extended family with total independence, live in one unit while letting tenants pay the mortgage, or add a high-yielding asset with multiple revenue streams to your portfolio, this property delivers on every front. Don’t miss out on one of the city’s most convenient transit-oriented pockets. Rents Unit A (Tenants Just vacated $2500+Hydro) Unit B ($2300+Hydro) Unit C ($1975-All Inclusive) Property operating ABOVE a 7% Cap Rate at asking Price. (id:66401)
Property Details
Building & Features
Building
- Building type
- Triplex
- Style
- Raised bungalow
- Storeys
- 1
- Exterior
- Brick, Vinyl siding
- Foundation
- Concrete
- Building features
- Separate Electricity Meters, Separate Heating Controls
Interior
- Basement
- Finished, Full
- Bedrooms above grade
- 6
- Bedrooms below grade
- 0
- Heating
- Heat Pump, Forced air, Natural gas, Other
- Cooling
- Central air conditioning
- Fireplace
- No
- Appliances
- Washer, Refrigerator, Stove, Dryer, Water Heater
Parking
- Garage and parking
- No Garage
Lot and land
- Lot dimensions
- 65 x 90 FT
- Frontage
- 65 ft
- Lot features
- Level lot, Carpet Free
- Fencing
- Fenced yard
- Zoning
- R2J
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
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