13 Acacia Ave #11 #s1-3; 13 #s 1-3, Ottawa, Ontario

Multi-Family for Sale in Ottawa

13 Acacia Ave #11 #s1-3; 13 #s 1-3, Ottawa, ON

  • CA$2,575,000
  • 6+2 BEDS
  • 6 BATHS
  • CA$2,575,000

Multi-Family for Sale in Ottawa

13 Acacia Ave #11 #s1-3; 13 #s 1-3, Ottawa, ON

  • CA$2,575,000
  • 6+2 BEDS
  • 6 BATHS
  • CA$2,575,000

Key Facts

  • MLS® #: X13467972
  • Property ID: SIRC3439599
  • Property Type: Residential, Multiplex
  • Interior Area¹: 3500-5000 sq.ft.
  • Lot Size¹: 40.09x142 ft.
  • Bedrooms: 6+2
  • Bathrooms: 6
  • Approximate Age: 51-99 years
  • Parking Spaces: 6
  • Listed By:
  • DIGI BROKERAGE

Property Description

Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6 plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, in a parking lot that is 2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; fridge/stove/dishwasher/ microwave. Separate meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI = $118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, BMO branch and LCBO are a 10-minute walk away; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being re-developed and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for joggers & dog walkers. Great location for renters and investors alike.

Listing Agents

DIGI BROKERAGE

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Location

13 Acacia Ave #11 #s1-3; 13 #s 1-3, Ottawa, Ontario, K1M 0P3 Canada

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