311 – 315 Blake Blvd., Ottawa | $3,500,000

MLS®: 1249969

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5

TURNKEY INVESTMENT!!

Excellent opportunity to grow your real estate portfolio with this purpose-built 16 unit, fully tenanted building in the gentrifying neighbourhood of Vanier. Excellent mix of units – primarily 3 bedrooms, solid tenants in place, well maintained building, 4 parking spaces, coin operated laundry x 2, separately metered for hydro.

Only minutes to Beechwood Village & downtown Ottawa.

Don’t miss this opportunity!

DETAILS

Property details
# Storeys 4
Total # of units 16
1 Bedroom Units 2
2 Bedroom Units 4
3 Bedroom Units 10
Total # of parking 4

FINANCIALS

Income / Expense
Annual Gross Income $248213
Total Operating Expenses $93712
Net Operating Income $154501
EXPENSES $
Management Fee $14916
Property Taxes $28014
Insurance Expense $15000
Heating Expense $24782
Maintenance Expense $11000

PHOTO GALLERY

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