114 Barrette ST Active

Vanier And Kingsview Park,ON K1L 8A1

$ 1099000

- Bed

- Bath

3500 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $314

Subdivision 3402 - Vanier

MLS Listing ID X11951766

Annual Tax Amount $5,375

Tax Year 2024

Property Sub-Type Investment

Property Description

Located in the heart of Beechwood Village! This legal fourplex boasts an impressive annual income exceeding $84k GOI and $66k NOI, making it an outstanding investment for discerning buyers. The building hosts a great tenant-base consisting primarily of young professionals. Tenants enjoy the rare amenity combo of central air conditioning and unlimited wifi. The four apartments are comprised of one 3-bedroom unit, one 2-bedroom unit, one 1-bedroom unit and a studio. All units offer their own unique advantages, but the top floor one-bedroom suite with a private southwest facing roof-top deck is sure to impress! This prime rental location, only a block from Beechwood Avenue, is perfectly situated only steps to public transit, recreation facilities and all the retail conveniences that Beechwood Avenue has to offer. Coin operated laundry machines located in the basement. This investment property is perfect for first-time investors looking to enter the market or seasoned investors adding to their portfolio.

Location

Province ON

County Ottawa

Community 3402 - Vanier

Area Ottawa

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 44.74

Lot Depth 57.39

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