316 SOMERSET STREET E , Ottawa Ontario K1N6W3

Sale $2,999,900  | 
Listing # 1326854
Digital Rendering Digital Rendering
Elaine Simard

Elaine Simard

Salesperson

Phone: 613-227-3954
Fax: 1-888-960-0247
Mobile: 613-227-3954

elaine@elainesimard.ca
www.ElaineSimard.ca

eXp Realty, Brokerage (Independently owned and operated)

Brokerage

343 PRESTON STREET, 11TH FLOOR
OTTAWA,  ON K1S 1N4

Remarks:

4.8% cap rate unit 30% expenses at List Price. Building is now fully leased with Leases in hand at 3400+3400+3350+3200+4200=$17550 = $210,600 GOI! BRAND NEW MULTI UNIT building in Sandy Hill. This building has 4 residential units and 1 commercial space. 4 x 4 Bedroom units and Ground Floor Commercial unit. Expenses have been estimated at 30% of GOI. All units have separate hydro meters, in-unit laundry, SS appliances, 6 covered bicycle parking spaces and AC. Each unit offers spacious, modern, layouts, overflowing with natural light. Fantastic central location close to Shops, restaurants, schools and transit. (id:7526)

Investment

Neighbourhood: Sandy Hill
Lot Frontage: 39.0 Feet
Lot Depth: 97.0 Feet
Lot Size: 39.01 ft X 97 ft
Built in: 2023
Zoning: Residential

Property Features:

Ownership Type: Freehold
Property Type: Multi-family
Sewer: Municipal sewage system

Building Features:

Cooling Type: Central air conditioning
Exterior Finish: Siding
Foundation Type: Poured Concrete
Heating Fuel: Natural gas
Heating Type: Forced air