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Renanza Realty
For sale

1312 AVENUE R AVENUE

Ottawa, Ontario

MLS® X13159328

$934,900

Status
Active
Property type
Multi-family
MLS® number
X13159328
Bedrooms
6
Bathrooms
3
Year built

Listing description

Attention investors & multi-generational families! With 3 seperate 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 brand-new 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. 24 Hour Notice for Showings and 24 Hour Irrevocable on All Offers.

Property summary

MLS® number
X13159328
Property type
Multi-family
Building type
Triplex
Land size
65 x 90 FT
Annual property taxes
$5,960.27
Parking
5 spaces · No Garage
Days on market
119 days

Features & details

Heating
Heat Pump, Forced air, Natural gas, Other
Cooling
Central air conditioning
Basement
Finished, Full
Appliances
Washer, Refrigerator, Stove, Dryer, Water Heater
Exterior features
Brick, Vinyl siding
Lot features
Level lot, Carpet Free
Community features
Community Centre
Architectural style
Raised bungalow

What would this home cost you?

Based on the $934,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,350 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of BENNETT PROPERTY SHOP REALTY, 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.