114 DALY AVENUE, Ottawa, Ontario, K1N6E7
Property TypeMulti-family

$67,244 in CASFLOW/NET INCOME! A+ Investment Opportunity in this fabulous downtown LEGAL 4plex (inspected). 3X spacious 2 bedroom units & 1X 1 bedroom unit in the lower level. Lovingly held in the same family for 40+ years it has benefitted from countless updates & improvements with functional elements that you simply do not see in 'average multi units'. Updated wiring throughout with newer electrical panels and service, quality boiler, extensive foundation work & repointing, rebuilt front porch, some windows, metal fire escape, etc. Located in an undeniably strategic location moving forward and just a short walk to Ottawa U, Byward Market, LRT, Rideau canal, Ottawa's financial district and Parliament Hill. Parking for three vehicles, 2 bay carport w 5 ingenious storage lockers, workshop storage area, and a paved laneway. This particular multi-unit has excellent professional tenants that pay below market rent. Many ways to improve revenue. NEW ROOF AUG 2022, $21,000 (id:46094)

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Amenities NearbyPublic Transit, Recreation Nearby, Shopping LeaseNet
Parking Spaces3 StructureDeck
TransactionFor sale Zoning DescriptionResidential
AmenitiesStorage - Locker Basement DevelopmentFinished
BasementFull (Finished) Construction Style AttachmentAttached
CoolingNone Exterior FinishAluminum siding, Brick
Fireplace PresentYes Fireplace Total1
Fire ProtectionSmoke Detectors FlooringHardwood, Tile, Vinyl
FoundationPoured Concrete, Stone Bathrooms (Half)0
Bathrooms (Total)0 Heating FuelNatural gas
HeatingRadiant heat Storeys Total3
TypeFourplex Utility WaterMunicipal water
Size Frontage25 ft Access TypeHighway access
AmenitiesPublic Transit, Recreation Nearby, Shopping Current UseDevelopment residential
Landscape FeaturesPartially landscaped SewerMunicipal sewage system
Size Depth99 ft Size Irregular25 ft X 99 ft


Data Provided by Ottawa Real Estate Board

Last Modified :19/01/2023 01:11:48 PM

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