Vanier and Kingsview Park - 3404 - Vanier
Vanier and Kingsview Park - 3404 - Vanier
Sold For$1,335,000
Listed For $1,425,000
Sold 4 months ago
Exceptional investment opportunity in the heart of Vanier this purpose-built, all-brick six-unit apartment building offers a desirable unit mix of five 2-bedroom units and one 1-bedroom unit. Ideally located just off McArthur Avenue, the property is within walking distance to St. Laurent Shopping Centre, public transit, schools, and amenities, making it highly attractive to quality tenants. The property is professionally managed and currently generates a gross annual income of just over $98,000. With all units rented below current market rates, there is significant upside potential as units turn over. Situated on an impressive lot of over 12,000 sq. ft., the property offers potential for future development or expansion (buyer to verify with the City of Ottawa).With strong management alrea
* Values are estimates only and not a guarantee of lending or affordability.
Compare with similar recently sold properties nearby