206 BLACKBURN AVENUE
Ottawa, Ontario
MLS® X13549418
$1,749,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13549418
- Bedrooms
- 10
- Bathrooms
- 5
- Year built
- —
1 / 51Listing description
5. 6% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq.
ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income.
The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building.
This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 5. 6%.
Property summary
- MLS® number
- X13549418
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 31 x 100 FT
- Annual property taxes
- $10,202.30
- Parking
- 2 spaces · No Garage
- Days on market
- 50 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full, Separate entrance, N/A, N/A
- Flooring
- Tile, Hardwood, Laminate
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
- Exterior features
- Brick
- Lot features
- Carpet Free
- Community features
- Community Centre
What would this home cost you?
Based on the $1,749,900 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 AVENUE NORTH REALTY INC., 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.