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Key Facts

Type Investment
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $26,712
Days Active 78
Approx. Age 
MLS® Number X12003657

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

A 5-year-old purpose-built 8-unit apartment building with fully furnished open-concept units, including six 2-bedroom and two 1-bedroom apartments. The property is located close to Montfort Hospital, amenities, and shopping just off Beechwood Ave., near Rockcliffe Park and within walking distance to the Rideau River, offering year-round recreational activities including skating, cross-country skiing, snowshoeing, walking, cycling, swimming, tennis, rowing, and sailing. Gross yearly rent = $231, 122.28. Individual rents are as follows: (1) $2, 190, (2) $2, 500, (3) $1, 950, (4) $2, 357.50, (5) $2, 639.38, (6) $2, 610.81, (7) $2, 450, (8) $2, 562.50. Expenses include taxes: $26, 712, hydro: $5057, water: $4, 108, gas: $12, 263, maintenance: $11, 140, management: $8, 784, insurance: $6714, advertising: $1, 116, Admin $557, Structrual Reserve Allowance $4, 562, Total yearly expenses = $81, 017. In Financial Information, under Other Expenses, $6, 236 is a combination of advertising ($1, 116) plus administration ($557) and Structrual Reserve Allowance $4, 562Show Description
MLS® NumberX12003657
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas Forced Air Closed
A/CYes
Heating Fuel

Extras

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