A 5-year-old purpose-built 8-unit apartment building with fully furnished open-concept units, including six 2-bedroom and two 1-bedroom apartments. The property is located close to Montfort Hospital, amenities, and shopping just off Beechwood Ave., near Rockcliffe Park and within walking distance to the Rideau River, offering year-round recreational activities including skating, cross-country skiing, snowshoeing, walking, cycling, swimming, tennis, rowing, and sailing. Gross yearly rent = $228,145.56. Individual rents are as follows: (1) $2,190, (2) $2,500, (3) $1,950, (4) $2,300, (5) $2,575, (6) $2,547.13, (7) $2,450, (8) $2,500. Expenses include taxes: $26,712, hydro: $5057, water: $4,108, gas: $12,263, maintenance: $11,140, management: $8,784, insurance: $6714, advertising: $1,116, Admin $557, Structrual Reserve Allowance $4,562, Total yearly expenses = $81,017. In Financial Information, under Other Expenses, $6,236 is a combination of advertising ($1,116) plus administration ($557) and Structrual Reserve Allowance $4,562 (id:6673)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X12003657 |
| Property Type | Multi-family |
| Community Name | 3402 - Vanier |
| Appliances | Dishwasher, Dryer, Furniture, Water Heater, Microwave, Stove, Washer, Refrigerator |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 5800 Sqft |
| SizeInterior | 5800 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 99 Ft ,10 In |
| SizeFrontage | 39 Ft ,11 In |
| SizeIrregular | Bldg=39.92 X 99.85 Ft ; 0 |
| SizeTotalText | Bldg=39.92 X 99.85 Ft ; 0 |
| ZoningDescription | Tm8 H(15) |
Contact us for more information
Brad Closs
Broker
Saeideh Shabani
Salesperson
Bill Meyer
Salesperson
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