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UPDATED:
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10419114
Annual Tax Amount $13,402
Tax Year 2023
Property Description
An attractive 6-unit building consisting of 3 commercial spaces & 3 residential units. The beauty salon business is also included as a bonus as the seller/owner is retiring. A viable business since 1979. It has 1,073 SF & market rent of $3000/mth gross. Two other commercial spaces were added at the rear of the salon in 1987 but have been rented as Airbnb. Apt #4 is a fully furnished modern 1 BDRM unit of approx 520 S.F w/6 appliances & market rent of $1950/mth all-inclusive. Apt #5, a modern and bright 2-storey loft style apt, approx 730 SF w/2 floors of windows, 2 skylights, 6 appliances & w/a market rent of $2300/mth all-inclusive. The 3 residential Apts are all 1 Bdrm and 2 have balconies. Apt #1 rented @ $1600/mth & Apt #2 and #3 at $1366/mth. There's 1 hot water boiler for the main building & a forced air furnace (2017) for the two rear GRND floor units. The electrical has been upgraded to a 400 amp service. 3 car parking in tandem. With 20% down VTB 1st mortgage at 7%
Location
Province ON
County Ottawa
Zoning MD2 S72 Mixed-Use
Rooms
Family Room No
Basement Unfinished
Interior
Cooling Central Air
Exterior
Pool None
Utilities Available Unknown
Roof Type Other
Building
Foundation Other, Block
Others
Security Features Unknown
Pets Description Unknown
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Listed by RE/MAX HALLMARK REALTY GROUP