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, located at 1160 MERIVALE ROAD in Ottawa Ontario, was last modified on July 29th, 2024. Contact us to schedule a viewing or to find other properties for sale in Ottawa.

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