329 RICHELIEU AVENUE, Ottawa, Ontario, CA

Address: 329 RICHELIEU AVENUE, Ottawa, Ontario

0 Beds0 Baths3620 sqftStatus: Buy
Price $1,699,000

Property Overview


Perfect turn-key investment opportunity in a prime location just minutes from downtown Ottawa and the University of Ottawa! This fully rented, well-maintained corner property features seven bright and spacious units: 4 two-bedrooms, 2 one-bedrooms, and 1 bachelor making it an ideal addition to any investor's portfolio. The building is in excellent condition with high-quality tenants and strong rental income. Units 1 and 2 were fully renovated in April 2024, while Units 3 and 6 were updated within the past few years. The remaining units are also in very good condition. Common areas include coin-operated laundry and a rear patio for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. Walking distance to transit, shopping, restaurants, and everything this vibrant community has to offer, this property is a smart and reliable investment. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Square Footage
3620 sqft
Community Name
3404 - Vanier
Land Size
42.45 ac
Building
Interior Features
Appliances Included
All
Building Features
Square Footage
3620 sqft
Heating & Cooling
Heating Type
Hot water radiator heat
Utilities
Water
Municipal water
Land
Other Property Information
Zoning Description
R4UA
Features
           All
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Your Home Finance Calculation

Property Price CA $1,699,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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