187 Stanley Avenue Ottawa, Ontario K1M 1P2
$3,200,000
**OPEN HOUSE SAT AUG 27 & SUN AUG 28 2-4PM** BRAND NEW, Turnkey investment property in PRIME LOCATION. Some rooms have been virtually staged. Opportunity knocks with this legal FOURPLEX in premium location, backing onto Stanley Park in sought-after New Edinburgh, steps to the River, Beechwood walking district, embassies, close to DFAIT & the Byward Market. This unique back-to-back double boasts TWO spacious 2-storey, 3 bedroom, 3 bath units, and TWO 2 bedroom, 1 bath basement units, totalling FOUR luxury units. Low maintenance, designer finishes throughout and featuring fireplaces, quartz countertops and LED lighting. Projected annual Gross $162,000. Net $140,000. 4+ cap rate in this location is an exceptional opportunity for investment or owner to live in and rent out the rest. Don't miss out on this opportunity. (id:47723)
Property Details
| MLS® Number | 1304345 |
| Property Type | Multi-family |
| Neigbourhood | New Edinburgh |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping, Water Nearby |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 2022 |
| Construction Style Attachment | Attached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Hardwood, Tile |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Street Permit |
Land
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Recreation Nearby, Shopping, Water Nearby |
| Sewer | Municipal Sewage System |
| Size Depth | 143 Ft |
| Size Frontage | 33 Ft ,4 In |
| Size Irregular | 33.33 Ft X 142.97 Ft (irregular Lot) |
| Size Total Text | 33.33 Ft X 142.97 Ft (irregular Lot) |
| Zoning Description | R4ud |
https://www.realtor.ca/real-estate/24672951/187-stanley-avenue-ottawa-new-edinburgh
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August 28 2022 09:14:23
Ottawa Real Estate Board
Royal LePage Performance Realty