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125 Hopewell Avenue Ottawa, Ontario K1S 2Z2

8 Bedroom 3 Bathroom 1500 - 2000 sqft
Forced Air

$1,100,000

Location, Location, Location! This fully tenanted and well-maintained TRIPLEX is the perfect turnkey investment opportunity, ideal for investors seeking long-term financial growth. Situated just steps from CARLETON UNIVERSITY, the Rideau River & Canal, local pubs, cozy cafes and public transit that can get you anywhere in the city. This property offers both prime location and strong rental appeal. The building features a spacious 4-bedroom unit on the second level, a 3-bedroom unit on the main level, and a 1-bedroom unit on the lower level all currently occupied by excellent tenants. Investors will appreciate the steady rental income potential, supported by ongoing demand from university students, faculty, and local professionals. Numerous updates have been completed throughout the property, including exterior brickwork, new railings, flashing, soffits, and fascia. Additional improvements include new second-level windows, an upgraded hot water tank, several new appliances, a fully renovated main floor kitchen, and a refreshed second-level bathroom. With it's unbeatable location and consistent tenant demand, this property offers both immediate income and long-term value. Don't miss out on this rare opportunity to invest in a high-demand area with built-in rental stability. (id:6673)

Property Details

MLS® Number X12231887
Property Type Multi-family
Community Name 4403 - Old Ottawa South
AmenitiesNearBy Park, Public Transit
CommunityFeatures Community Centre
ParkingSpaceTotal 2

Building

BathroomTotal 3
BedroomsAboveGround 7
BedroomsBelowGround 1
BedroomsTotal 8
Appliances Dryer, Stove, Washer, Refrigerator
BasementDevelopment Finished
BasementType N/a (finished)
ExteriorFinish Brick
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1500 - 2000 Sqft
Type Triplex
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Park, Public Transit
Sewer Sanitary Sewer
SizeDepth 100 Ft
SizeFrontage 30 Ft
SizeIrregular 30 X 100 Ft
SizeTotalText 30 X 100 Ft

Rooms

Level Type Dimensions
Second Level Kitchen 4.39 m x 2.2 m
Second Level Living Room 4.78 m x 3.68 m
Second Level Primary Bedroom 2.96 m x 2.67 m
Second Level Bedroom 2 3.27 m x 2.18 m
Second Level Bedroom 3 3.01 m x 2.64 m
Lower Level Living Room 3.75 m x 3.1 m
Lower Level Kitchen 3.02 m x 2.21 m
Main Level Kitchen 3.93 m x 2.59 m
Main Level Dining Room 3.15 m x 2.95 m
Main Level Bedroom 4.69 m x 2.61 m
Main Level Bedroom 2 3.99 m x 2.66 m
Main Level Bedroom 3 3.05 m x 2.3 m

https://www.realtor.ca/real-estate/28491807/125-hopewell-avenue-ottawa-4403-old-ottawa-south

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Andrew Clark
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RE/MAX Affiliates Realty Ltd.
1180 Place D'orleans Dr Unit 3
Ottawa, Ontario K1C 7K3