72 PRETORIA AVENUE
Ottawa, Ontario
MLS® X13719870
$1,985,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13719870
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 29Listing description
This 6-unit fully tenanted residential building offers strong holding power, consistent rental demand, and valuable upside for savvy investors or portfolio builders. Composed of five 2-bedroom units, and a 1 bedroom unit. Coin operated laundry in the building.
2 parking spaces can generate extra income. Tenants pay hydro. Roof (2018), Windows (2016), Boiler (2025).
Grocery store, LCBO, TD Bank, the Canal and bike/walking trail all located across the street, minutes to Carleton and Ottawa University, downtown government employment hubs, Highway 417 access and more; this easily attracts tenants making it easy to rent. FUTURE DEVELOPMENT POTENTIAL. Plans to add a building in the back have been approved with the City and ready to start.
Whether you are looking to acquire a turnkey income generator, or secure a prime piece of central Ottawa real estate, 72 Pretoria Avenue delivers location, scale, and long-term capital appreciation potential. Gross Income $135,675. Operating expenses $33,658.
NOI $102,016. Potential additional parking income $2400.
Property summary
- MLS® number
- X13719870
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 5,000 sq ft
- Land size
- Bldg=40 x 100.15 FT
- Annual property taxes
- $15,733.66
- Days on market
- 21 days
Features & details
- Heating
- Hot water radiator heat, Radiant heat, Natural gas
- Cooling
- None
- Appliances
- Washer, Dryer, Water Heater
What would this home cost you?
Based on the $1,985,000 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 RE/MAX HALLMARK REALTY GROUP, 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.