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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:19512)

Property Details

MLS® Number 1400987
Property Type Multi-family
Neigbourhood Vanier
Amenities Near By Public Transit, Recreation Nearby, Shopping
Parking Space Total 3

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 1952
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Siding
Fireplace Present Yes
Fireplace Total 1
Flooring Type Mixed Flooring
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Current Use Development Residential
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 90 Ft
Size Frontage 40 Ft
Size Irregular 40 Ft X 90 Ft
Size Total Text 40 Ft X 90 Ft
Zoning Description R4

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

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

(613) 236-9551
(613) 236-2692
www.cbrhodes.com/

Keller Williams Integrity Realty
2148 Carling Ave., Units 5 & 6
Ottawa, Ontario K2A 1H1

(613) 829-1818
www.kwintegrity.ca/

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