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
- —
1 / 21Listing 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.
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.