Vanier and Kingsview Park - 3402 - Vanier
Vanier and Kingsview Park - 3402 - Vanier
Listed For $849,900
Get Pre-approvedTerminated
Flooring: Laminate, Flooring: Mixed, An investor's dream. Undergoing re-gentrification in Vanier, close to New Edinburgh and a short walk to the Rideau River, this is an amazing opportunity to invest in 3 doors. Close to schools and amenities, this triplex boasts net operating income of $42,300 and a solid cap rate of 5%, despite rents being below market value. The building consists of a 3 bedroom, 1 bath unit ($1900 rental), a second, 3 bedroom, 1 bath unit ($1650 rental) and one, 2 bedroom and 1 bathroom unit ($1200 rental), all with their own hydro meters (unit 1 paid by tenant). There are no vacancies. The exterior has been well maintained throughout the years with a brand new roof (2022) and is in great shape for new ownership. All units come furnished.
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* Values are estimates only and not a guarantee of lending or affordability.