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1299 DORCHESTER AVENUE

Ottawa, Ontario K1Z8E8

$1,350,880 for sale



MLS®:
1378344
Contract Days:
70
Community:
Carlington
Ownership:
Property Type:
Residential Fourplex , Attached
Total Size:
84.53 ft X 99.38 ft
Built Date:
1960
Parking:
6
Bedrooms:
+
Bathrooms:
Interior Features

Construction Style:
Attached
Total Stories:
2
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Common (Finished)
Basement Development:
Finished
Appliances:
Exterior Features

Built Date:
1960
Exterior Finish:
Brick
Foundation Type:
Block
Utitilies

Heating Type:
Forced air
Heating Fuel:
Natural gas
Cooling Type:
None
Utility Water:
Municipal water
Sewer:
Municipal sewage system
Total Fireplaces:
Type
Level
Size

Note

Discover an exceptional investment opportunity at 1299 Dorchester Ave. This high income producing fourplex building comes with a fifth non-conforming unit, elevating its earning potential and cashflow. Positioned on a large 85 x 100 foot lot with R4U-C zoning, Nestled in a prime location ,close to amenities, schools, and transportation, it has consistent occupancy and strong rental demand. Perfect for investors seeking to expand their portfolio, its proven income generation and development possibilities make it an attractive purchase. High Net income of $64,079 with Cap Rate of 4.7%. Loads of development potential while keeping current building. Roof (2019), Furnace (2014). Contact us today for more information (id:19004)

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