876 BASELINE ROAD, Ottawa, Ontario, K2C0A4
Property TypeMulti-family Built in2021

Brand new high cashflow Investment in excellent high traffic location that attracts all types of tenants. A complete "turn-key" property is almost 5% cap rate and comes furnished and will be delivered fully rented upon closing! Brand new so there are no maintenance for years to come. Pick and choose the tenant quality and type that you desire, with ample bedrooms in the unit there is no limit to the type of tenants. All appliances, furniture, beds, furnishings, and even cutlery is included so for the investor there is nothing extra that is needed. Expected occupancy date is May 1 2022, pictures are of a similar completed project down the street. Gross Monthly income $14,000+ & Gross Annual income of $168,000+ and a brand new fourplex in a hot area ensures a secure and safe cashflows investment. The property offers many flexibilities, including an owner occupied investment, why not live in one unit and rent the rest? (id:46094)

Amenities NearbyPublic Transit, Recreation Nearby, Shopping FeaturesBalcony
LeaseOther, See Remarks Parking Spaces6
TransactionFor sale Zoning DescriptionResidential
Basement DevelopmentFinished BasementFull (Finished)
Constructed Date2021 Construction Style AttachmentAttached
CoolingCentral air conditioning Exterior FinishSiding
FlooringLaminate, Tile, Ceramic FoundationPoured Concrete
Bathrooms (Half)0 Bathrooms (Total)0
Heating FuelNatural gas HeatingForced air
Storeys Total2 TypeFourplex
Utility WaterMunicipal water
Size Frontage70 ft AmenitiesPublic Transit, Recreation Nearby, Shopping
FenceFenced yard SewerMunicipal sewage system
Size Depth103 ft Size Irregular70.01 ft X 103 ft

Listing Office: EXP REALTY

Data Provided by Ottawa Real Estate Board

Last Modified :04/12/2021 10:10:49 AM

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