Glebe - Ottawa East and Area - 4404 - Old Ottawa South/Rideau Gardens
Glebe - Ottawa East and Area - 4404 - Old Ottawa South/Rideau Gardens
Listed For $1,485,000
Get Pre-approvedAdded 1 month ago
Exceptional opportunity to own a turnkey 5-unit income property in sought-after Rideau Gardens, just steps from the scenic Rideau River and Brighton Beach Park. The building offers a unit mix of four 1-bedroom apartments and one spacious 4-bedroom unit, appealing to a wide tenant base. Four of the five units are tastefully renovated, making this a true turnkey investment at a 6% CAP rate! One of the 1-bedroom units can be vacant upon possession, providing flexibility for an owner-occupier or the opportunity to set market rent. Located in a quiet, established neighborhood with easy access to parks, pathways, transit, and amenities, the property also features parking for five vehicles - a rare and valuable bonus in this prime location with spectacular views from large balconies. A strong, in
* Values are estimates only and not a guarantee of lending or affordability.