258, 260, 262, 264 Bronson Avenue S Ottawa, Ontario K1R 6H8

17 Bedroom 10 Bathroom
Fireplace Central Air Conditioning Forced Air

$3,549,000

Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey Development with Multiple Use. Enjoy a good income producing investment (approx. 4.6 Cap Rate when fully rented) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to LRT Station, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with an estimated potential rent of $2,900 per month (top 3-bedroom unit is fully completed & presently occupied by one of the owner's and lower unit is semi finished). Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $198,600 - Estimated Gross Expenses are $32,491.66 - Estimated New Income before mortgage costs are $166,108,34. (id:48414)

Property Details

MLS® Number X11980469
Property Type Multi-family
Neigbourhood Capital
Community Name 4204 - West Centre Town
Amenities Near By Public Transit
Parking Space Total 15
Structure Deck

Building

Bathroom Total 10
Bedrooms Above Ground 17
Bedrooms Total 17
Amenities Separate Electricity Meters
Appliances Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Fireplace Present Yes
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Depth 99 Ft
Size Frontage 104 Ft ,4 In
Size Irregular 104.38 X 99 Ft
Size Total Text 104.38 X 99 Ft
Zoning Description Tm [2214]

https://www.realtor.ca/real-estate/27934211/258-260-262-264-bronson-avenue-s-ottawa-4204-west-centre-town