
556 - 562 GLADSTONE Avenue
Ottawa Centre - 4103 - Ottawa Centre
556 - 562 Gladstone Avenue
Ottawa Centre - 4103 - Ottawa Centre
Listed For $2,288,000
Get Pre-approvedExpired

Ottawa Centre - 4103 - Ottawa Centre
Ottawa Centre - 4103 - Ottawa Centre
Listed For $2,288,000
Get Pre-approvedExpired
Flooring: Tile, Calling all investors!!! These 4 door, highly profitable townhouses are situated in a vibrant downtown location near cafes, parks, transit, restaurants, shopping and universities! All units are leased to great tenants for $ 2750 + all utilities until May 1/2022. Very easy to manage and always easy to rent. Gross annual income is $132000 and net $110566. Cap rate 4.8%.
Each door has 5 bedrms with 2 full baths, main floor addition and a finished basement. All mechanical systems, 3 kitchens recently renovated, roof 2020 (Soprema bitumen membrane consisting of Colphene base sheet and Sopraply stick traffic cap sheet), Exterior painted in 2021. This is a turn key operation. The rents are very competitive and the property is in above average condition.
Taxes $12,198
* Values are estimates only and not a guarantee of lending or affordability.
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