11 #'S1-3; 13 #'S 1-3 - 13 ACACIA AVENUE
Ottawa, Ontario
MLS® X13467972
$2,575,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13467972
- Bedrooms
- 8
- Bathrooms
- 6
- Year built
- —
1 / 46Listing description
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.
Property summary
- MLS® number
- X13467972
- Property type
- Multi-family
- Building type
- Other
- Land size
- 40.1 x 142 FT ; North line = +13 ft vs. South line
- Annual property taxes
- $12,122.00
- Parking
- 6 spaces · No Garage
- Days on market
- 75 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- Window air conditioner
- Basement
- Finished, Separate entrance, Walk out, N/A, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater
- Exterior features
- Brick
- Lot features
- Irregular lot size, Carpet Free
What would this home cost you?
Based on the $2,575,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of DIGI BROKERAGE, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.