26 AYLMER AVENUE, Ottawa, Ontario, K1S 2W9

MLS® # X12813150

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Investment For Sale In Old Ottawa South, Ottawa, Ontario

$1,699,000

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26 Aylmer Avenue, Ottawa, ON - Outdoor With Facade

26 Aylmer Avenue, Ottawa, ON - Indoor Photo Showing Other Room

26 Aylmer Avenue, Ottawa, ON - Indoor Photo Showing Living Room With Fireplace

26 Aylmer Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink

26 Aylmer Avenue, Ottawa, ON - Indoor Photo Showing Bedroom

26 Aylmer Avenue, Ottawa, ON - Indoor Photo Showing Office

26 Aylmer Avenue, Ottawa, ON - Indoor Photo Showing Bathroom

26 Aylmer Avenue, Ottawa, ON - Indoor Photo Showing Laundry Room

26 Aylmer Avenue, Ottawa, ON - Outdoor With Exterior

26 Aylmer Avenue, Ottawa, ON - Indoor Photo Showing Kitchen

26 Aylmer Avenue, Ottawa, ON - Indoor Photo Showing Living Room

26 Aylmer Avenue, Ottawa, ON - Outdoor With View

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26 AYLMER AVENUE, Ottawa, Ontario, K1S 2W9

$1,699,000

Property Information:

Incredible investment opportunity in the heart of Old Ottawa South! This fully tenanted multi-unit property sits on an expansive 30' x 161' lot and features a newer 3,000 sq. ft. addition, creating four self-contained apartments in total.The building includes one spacious 3-bedroom unit, two well-appointed 2-bedroom units, and one 1-bedroom unit. The original front unit has been tastefully updated with hardwood floors, granite countertops, modern cabinetry, and a renovated bathroom. It also features its own furnace (2020), A/C (2017), and rented hot water tank. The 2017 addition was thoughtfully constructed with two furnaces and two central A/C units. Additional improvements include roof (2017) and sump pump (2017). The property is serviced by 3 hydro meters, 3 gas meters, and 1 water meter. All units offer the convenience of in-unit laundry. Currently generating $11,349.31 in gross monthly rental income with a 6.3% cap rate. The property is legal as it stands, and the City of Ottawa has suggested potential for a 5-plex configuration, offering future upside for increased income. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Air Conditioning: Yes
Floor Space: 4782 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Fully air conditioned
Appliances: Dishwasher, Dryer, Washer

Property Features:

Property Type: Multi-family
Floor Space (approx): 4782 Square Feet
Irregular: Yes
Lot Depth: 161.9 Feet
Lot Frontage: 30.3 Feet
Lot Size: 30.36 x 161.96 FT
Zoning: R3

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