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

 

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$1,250,000
Available - For Sale
Listing ID: X12139312
Prime 5-unit turnkey investment in the heart of Ottawa! Looking to grow your real estate portfolio with a high-performing asset? Look no further. This exceptional 5-unit income property, located in one of Ottawa's most sought-after corridors, is a rare find that delivers on every front. The property generates an impressive $84,792 per year in gross income, with a solid net operating income of approximately $66,712 before debt service. Whether you're a seasoned investor or buying your first income property, this is a great opportunity offering both stability and growth potential. Just steps from Downtown Ottawa, vibrant Chinatown, and only minutes from the LRT station, this central and high-demand location ensures excellent tenant appeal and long-term value. Recent upgrades include a brand new driveway and hot water tank (2024), new eavestroughs and ice block grids (2023), full unit renovations between 2017 and 2020, and attic insulation with modern siding (20192020).The property also features five surface parking spots, easy access to OC Transpo, and is close to many walkable amenities, making it even more attractive to potential tenants and owners. This is a smart, strategic investment with modern updates, strong cash flow, and a prime location. Don't miss out properties like this don't last long!
Price $1,250,000
Taxes: $5,878
Assessment Year: 2024
Occupancy by: Tenant
Address: 420 Bronson Aven , West Centre Town, K1R 6J6, Ottawa
Directions/Cross Streets: Bronson & Gladstone
Rooms: 18
Bedrooms: 5
Bedrooms +: 0
Washrooms: 5
Family Room: F
Basement: None
No. of Pieces Level
Washroom 1:  3
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Multiplex
Style: Other
Exterior: Vinyl Siding
Garage Type: None
Drive Parking Spaces: 5
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
Property Features: Public Trans
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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RIGHT AT HOME REALTY

420 Bronson Aven , West Centre Town, K1R 6J6, Ottawa

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

 
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At a Glance:
Type: Freehold - Multiplex
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4205 - West Centre Town
Style: Other
Lot Size: x 99.00(Feet)
Approximate Age: 100+
Tax: $5,878
Maintenance Fee: $0
Beds: 5
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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