324 Currell Avenue Ottawa, Ontario K1Z 7J6

$2,650,000

LOCATION LOCATION! Modern Newer Built (2013) 8 unit complex in the sought after Westboro/Hampton Park community of Ottawa. Complex consists of 2 x one bedroom and 6 x two bedroom units all with top end finishes including granite counter tops, hardwood floors and stainless steel appliances. Each unit has access to an outdoor space (balcony/entrance), large bedrooms and plenty of natural light. Storage for garbage, recycling and composting available for tenants. Complex is low maintenance with A+ tenants. Lots of room for future rental increases with tenant turnover. 2024 NOI $119,483 and CAP 4.5%; 2025 NOI $129,495.11 and CAP 4.9%; 2026 NOI $137,767.80 and Cap 5.2% (based on recent turnovers and standard rental increases of 2.5%). Assumable CMHC mortgage @4.5% if needed- matures May 2029. (id:43934)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X12256609
Property Type	Multi-family
Community Name	5003 - Westboro/Hampton Park
Amenities Near By	Public Transit, Recreation
Parking Space Total	4

Building

Age	6 To 15 Years
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Other
Size Exterior	5610 Sqft
Size Interior	5,610 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit, Recreation
Sewer	Sanitary Sewer
Size Depth	100 Ft
Size Frontage	50 Ft
Size Irregular	Bldg=50 X 100 Ft ; 0
Size Total Text	Bldg=50 X 100 Ft ; 0
Zoning Description	R4uc

https://www.realtor.ca/real-estate/28545692/324-currell-avenue-ottawa-5003-westborohampton-park