For Sale

$2,000,000

329 RICHELIEU AVENUE , Ottawa, Ontario K1L6J7

Remarks

Fully rented turn-key investment opportunity in a great location, minutes from downtown and University of Ottawa. Very well maintained in excellent condition corner building on Richelieu Ave and Mona Ave with Excellent Tenants. Four (4) two-bedroom, Two (2) one-bedroom spacious, bright, apartments and one bachelor. Walking distance to transit, shopping, restaurants and everything that this vibrant community has to offer!! - Two (2) apartments (1 & 2) were FULLY redone in April 2024 - Two (2) apartments (3 and 6) were renovated within the last few years - Two are in a very good condition. Common areas include coin operated laundry and patio at the back of the building. Gas High Efficiency Hot Water Boiler Furnace (2018). Main Sewer lines throughout the basement right out to the City Sewer on the street have been replaced in 2021. (id:7526)

Property Summary

  • Neighbourhood: Vanier
  • Lot Frontage: 42.4 Feet
  • Lot Depth: 89.1 Feet
  • Lot Size: 42.45 ft X 89.06 ft
  • No. of Parking Spaces: 1
  • Built in: 1955
  • Zoning: R4UA/Residential

Property Features:

  • Ownership Type:
    Freehold
  • Property Type:
    Multi-family
  • Sewer:
    Municipal sewage system

Building Features:

  • Cooling Type:
    None
  • Exterior Finish:
    Stucco
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Hot water radiator heat

Listing courtesy of: 

INNOVATION REALTY LTD.

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