226 Second Avenue Ottawa, Ontario K1S 2H7

Forced Air


TROPHY SIX-PLEX INVESTMENT IN THE HEART OF GLEBE ON A FULL-SIZE LOT. Pride of ownership is reflected inside and outside. This great investment has been very well managed and cared for by a proud owner who wants to hand over the reins to the next proud owner. Updated and Upgraded over the years of ownership. Four apartments are two-bedroom (The second bedroom is relatively small) and two one-bedroom units. Some units have balconies on both sides. Six parking spots with a drive-in lane from Second Ave and a full exit on Lyon St South. Some tenancies are long-term. About a 17% upside in rents if rented at the market rates; as of today. Very accommodating and friendly residents. Separate storage areas for all units with a common space for bikes and other tenant belongings. 2 furnaces, 7 Hydro meters, and a common water meter. Add to your Portfolio today! As per Form, 244 offers no conveyance of offers before 3 pm March 20th. No pre-emptive Offers, please. FYI 2022 Appraisal at $ 2.150 M (id:37464)

Property Details

MLS® Number 1332045
Property Type Multi-family
Neigbourhood GLEBE
Parking Space Total 6


Constructed Date 1904
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Utility Water Municipal Water


Acreage No
Sewer Municipal Sewage System
Size Depth 103 Ft
Size Frontage 50 Ft
Size Irregular 50 Ft X 103 Ft
Size Total Text 50 Ft X 103 Ft
Zoning Description R3p


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