382 Brant Street Vanier And Kingsview Park (3404 - Vanier), Ontario K1L 6V6
$1,070,000
Updated & meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and\r\nthe downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances,\r\nbathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement\r\nalong with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has\r\npotential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter\r\npaying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high\r\ndensity R4UA zoning for the potential to extend building, add additional structure or future building potential. Why\r\nbuy land and develop, when you can buy and earn income at an appealing 5.4% cap rate today for well below the\r\ncost to acquire land, pay development/permit fees and construction costs. 5x stoves, 5x fridges, 2x dishwashers. (id:37464)
Property Details
| MLS® Number | X10442375 |
| Property Type | Multi-family |
| Neigbourhood | Castle Heights |
| Community Name | 3404 - Vanier |
| Parking Space Total | 5 |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Exterior Finish | Brick, Stucco |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 72 Ft ,5 In |
| Size Frontage | 57 Ft |
| Size Irregular | Unit=57.08 X 72.47 Ft ; 0 |
| Size Total Text | Unit=57.08 X 72.47 Ft ; 0 |
| Zoning Description | R4ua |
Sales Representative
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November 26 2024 05:05:57
Ottawa Real Estate Board
Uppabe Incorporated