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258, 260, 262, 264 BRONSON AVENUE S - MLS® # X11980469

$3,549,000

Property Details

Living Area
5,000 sqft.
Bedrooms
17
Bathrooms
10
Lot Size Area
104.4 x 99 FT
Taxes
N/A
Type
Other
Style
N/A
Basement
N/A (Unfinished)
Year Built
N/A

Description

Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey Development with Multiple Use. Enjoy a good income producing investment (approx. 4.76 Cap Rate) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to 2 LRT Stations, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom plus Den unit, each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with the top unit rented at $2,800 per month (lower large 2 bedroom plus Den unit presently occupied by one of the owner's with an estimated rental monthly income of $2,900). Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $201,000.00 - Estimated Gross Expenses are $32,073.00 - Estimated Net Income before mortgage costs are $168,927.00. (id:2469)

Amenities

Public Transit

Listing Provided By

RE/MAX HALLMARK REALTY GROUP

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CONTACT

Real Estate Listing provided by
  • Name:
    Lucas Smith
  • Phone:
    (613) 704-0616
  • Mobile:
    (613) 704-0616
  • Address
    • EXP REALTY 424 CATHERINE ST, UNIT 200
    • Ottawa, ON
    • K1R5T8
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