5800 sqft
Fully Air Conditioned
Forced Air
$3,200,000
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:35885)
Business
BusinessType
|
Residential |
BusinessSubType
|
Apartments |
Property Details
MLS® Number
|
X12003657 |
Property Type
|
Multi-family |
Community Name
|
3402 - Vanier |
Building
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 |
Land
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) |
https://www.realtor.ca/real-estate/27988009/12-jolliet-avenue-ottawa-3402-vanier