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12 Jolliet Avenue Ottawa, Ontario K1L 5H5

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

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