125 Hopewell Avenue Ottawa, Ontario K1S 2Z2

$1,100,000

Location, Location, Location! This fully tenanted and well-maintained TRIPLEX is the perfect turnkey investment opportunity, ideal for investors seeking long-term financial growth. Situated just steps from CARLETON UNIVERSITY, the Rideau River & Canal, local pubs, cozy cafes and public transit that can get you anywhere in the city. This property offers both prime location and strong rental appeal. The building features a spacious 4-bedroom unit on the second level, a 3-bedroom unit on the main level, and a 1-bedroom unit on the lower level all currently occupied by excellent tenants. Investors will appreciate the steady rental income potential, supported by ongoing demand from university students, faculty, and local professionals. Numerous updates have been completed throughout the property, including exterior brickwork, new railings, flashing, soffits, and fascia. Additional improvements include new second-level windows, an upgraded hot water tank, several new appliances, a fully renovated main floor kitchen, and a refreshed second-level bathroom. With it's unbeatable location and consistent tenant demand, this property offers both immediate income and long-term value. Don't miss out on this rare opportunity to invest in a high-demand area with built-in rental stability. (id:43934)

Property Details

MLS® Number	X12231887
Property Type	Multi-family
Community Name	4403 - Old Ottawa South
Amenities Near By	Park, Public Transit
Community Features	Community Centre
Parking Space Total	2

Building

Bathroom Total	3
Bedrooms Above Ground	7
Bedrooms Below Ground	1
Bedrooms Total	8
Appliances	Dryer, Stove, Washer, Refrigerator
Basement Development	Finished
Basement Type	N/a (finished)
Exterior Finish	Brick
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,500 - 2,000 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Land Amenities	Park, Public Transit
Sewer	Sanitary Sewer
Size Depth	100 Ft
Size Frontage	30 Ft
Size Irregular	30 X 100 Ft
Size Total Text	30 X 100 Ft

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Kitchen	4.39 m	2.2 m	4.39 m x 2.2 m
Second Level	Living Room	4.78 m	3.68 m	4.78 m x 3.68 m
Second Level	Primary Bedroom	2.96 m	2.67 m	2.96 m x 2.67 m
Second Level	Bedroom 2	3.27 m	2.18 m	3.27 m x 2.18 m
Second Level	Bedroom 3	3.01 m	2.64 m	3.01 m x 2.64 m
Lower Level	Living Room	3.75 m	3.1 m	3.75 m x 3.1 m
Lower Level	Kitchen	3.02 m	2.21 m	3.02 m x 2.21 m
Main Level	Kitchen	3.93 m	2.59 m	3.93 m x 2.59 m
Main Level	Dining Room	3.15 m	2.95 m	3.15 m x 2.95 m
Main Level	Bedroom	4.69 m	2.61 m	4.69 m x 2.61 m
Main Level	Bedroom 2	3.99 m	2.66 m	3.99 m x 2.66 m
Main Level	Bedroom 3	3.05 m	2.3 m	3.05 m x 2.3 m

https://www.realtor.ca/real-estate/28491807/125-hopewell-avenue-ottawa-4403-old-ottawa-south