|Property TypeMulti-family||Built in2019|
Attention Investors! 3 storey multi-family property. Under Construction BRAND NEW 12 UNIT built by a PREMIUM BUILDER with a successful portfolio!! Immediate CASH FLOW with an estimated 5.8% CAP RATE. COMPLETION expected Feb 1, 2020. Conveniently located in the growing town of Winchester just south of Ottawa, 2KM from Hospital. 12 modern units with a mix 1, 2, & 3 bedroom units. Efficient hot water boiler system. ERV's (energy recovery) in each unit, 12 hydro meters (tenants pay in-unit hydro costs), ELEVATOR, 20 parking spots incl. visitor and disabled parking, 40-year fiberglass shingles. Each apartment will be equipped with a fridge, stove, & dishwasher. Great management team in place & existing contract can be assumed. Income generating Laundry facilities with coinamatic card operated machines. Located a short distance to grocery stores, shopping, & hospital. Income and expenses are estimated as the building is yet to be completed and operational. OWN THIS BRAND NEW ASSET TODAY! (id:675)
|Management CompanyEastern Ontario Mgmt - 613-918-0145||Parking Spaces22|
|TransactionFor sale||Zoning DescriptionMulti-Unit Res|
|Constructed Date2019||Exterior FinishStone, Siding|
|FoundationPoured Concrete||Bathrooms (Half)0|
|Bathrooms (Total)0||Heating FuelNatural gas|
|HeatingHot water radiator heat||Storeys Total3|
|Utility WaterMunicipal water|
|Size Frontage100 ft||SewerMunicipal sewage system|
|Size Depth220 ft||Size Irregular100 ft X 220 ft|
Listing Office: CAPITAL HOMES REALTY INC.
Data Provided by Ottawa Real Estate Board
Last Modified :08/11/2019 05:12:28 PM
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