1160 MERIVALE ROAD, Ottawa, Ontario

$3,400,000

This purpose-built 16 unit is well maintained 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 one - two balconies. This is a Great Investment opportunity with Significant Upside Potential in NOI. Sellers will Consider a VTB up-to 75% for Qualified Buyers. (id:56241)

Listing ID: 1404689
Property Type: Multi-family

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Details

Management Company: Filament Property Management -
Ownership: Freehold
Parking Spaces: 11
Transaction: For sale
Zoning Description: TM

Building

Amenities: Exercise Centre
Exterior Finish: Brick
Fireplace Present: False
Fire Protection: Security
Foundation: Block, Poured Concrete
Heating: Baseboard heaters
Heating Fuel: Electric
Stories Total: 5
Utility Water: Municipal water

Land

Sewer: Municipal sewage system
Size Frontage: 59 ft ,4 in
Size Irregular: 59.31 ft X 127.96 ft (Irregular Lot)

Listing provided by ROYAL LEPAGE PERFORMANCE REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1160 MERIVALE ROAD in Ottawa Ontario. It was last modified on July 29th, 2024. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

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