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320 Altha Avenue Ottawa, Ontario K1L 7C9

Fireplace None Baseboard Heaters

$1,449,000

Exceptional investment opportunity in Ottawa. Quality constructed, well managed 4-unit + bonus apt is a high earner. With concrete foundation & structural integrity, blending location with modern functionality, ensuring a stable, large cash flow. Each unit is well maintained, attracting quality tenants & ensuring consistent rental demand. The prime location allows residents to enjoy easy access to public transit, shopping & many amenities only minutes to downtown & enhances its value & appeal, making it a smart addition to any portfolio. Each unit offers a feeling of home to tenants with desirable kitchens, baths, spacious rooms & unique design. With Ottawa’s R/E market poised for future growth, this property stands out at a 6.2 Cap Rate. Don’t miss the chance to own this asset for your financial growth. Amenities include W/D in 4 units, decks, updated utilities in a high-yielding, low-maintenance investment. Please allow 24 hours showing notice to tenants. (id:55510)

Property Details

MLS® Number 1400987
Property Type Multi-family
Neigbourhood Vanier
AmenitiesNearBy Public Transit, Recreation Nearby, Shopping
ParkingSpaceTotal 3

Building

BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1952
ConstructionStyleAttachment Attached
CoolingType None
ExteriorFinish Siding
FireplacePresent Yes
FireplaceTotal 1
FlooringType Mixed Flooring
FoundationType Poured Concrete
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 2
Type Fourplex
UtilityWater Municipal Water

Parking

Surfaced

Land

Acreage No
CurrentUse Development Residential
LandAmenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
SizeDepth 90 Ft
SizeFrontage 40 Ft
SizeIrregular 40 Ft X 90 Ft
SizeTotalText 40 Ft X 90 Ft
ZoningDescription R4

https://www.realtor.ca/real-estate/27188912/320-altha-avenue-ottawa-vanier

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Patrick O. Smith
Salesperson


Coldwell Banker Rhodes & Company
200 Catherine St Unit 201
Ottawa, Ontario K2P 2K9

Dylan Puchniak
Salesperson


Coldwell Banker Rhodes & Company
200 Catherine St Unit 201
Ottawa, Ontario K2P 2K9

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