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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

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$2,650,000
Available - For Sale
Listing ID: X11906101
MODERN 8-UNIT COMPLEX Newer Built (2013) 8 unit complex in the beautiful sought after Westboro/Hampton Park area of Ottawa. Complex consists of 2 x one bedroom and 6 x two bedroom units all with top end finishes including granite counter tops, hardwood floors and stainless steel appliances. Each unit has access to an outdoor space (balcony/entrance), large bedrooms and plenty of natural light. Storage for garbage, recycling and composting available for tenants. Complex is low maintenance with A+ tenants. Lots of room for future rental increases with tenant turnover. Don't miss out on this great investment opportunity. 2024 NOI $119,483 and CAP 4.5%; 2025 NOI $131,692 and CAP 5.0%; 2026 NOI $139,024 and Cap 5.3% (based on recent turnovers and standard rental increases of 2.5%). Assumable CMHC mortgage @4.5% matures May 2029.
Price $2,650,000
Taxes: $21,247
Tax Type: Annual
Occupancy by: Tenant
Address: 324 CURRELL Aven , Westboro - Hampton Park, K1Z 7J6, Ottawa
Postal Code: K1Z 7J6
Province/State: Ottawa
Legal Description: LT 1, PL 282 ; OTTAWA/NEPEAN
Lot Size: 15.24 x 100 (Feet)
Directions/Cross Streets: Going west on Carling Ave, take a right onto Churchill Ave. and then right onto Currell Ave. Propert
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 5,610
Total Area Code:  Square Feet
Area Influences: Public Transit   Recreation/Comm
Approximatly Age: 6-15
 Management Expense: 0
Maintenance: 0
Water Expense: $5881
Net Income Before Debt: $119483
Expenses Actual/Estimated: $Act
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary
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Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

324 CURRELL Aven , Westboro - Hampton Park, K1Z 7J6, Ottawa

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Office: 416-548-7854       Mobile: 416-548-7854      Fax: 416-981-7184         Toll Free: 1-866-382-2968
Office Address 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
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