206 Blackburn Ave, Ottawa, ON K1N8A8

Beds
10
Baths
5

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Listed byAVENUE NORTH REALTY INC.
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Overview

5.6% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 5.6%. (id:58180)

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
10
Number of bathrooms
5
Lot size (acres)
0.07

Interior features

Basement
Yes
Fireplaces
1

Utilities

Heating
Forced Air, Natural Gas
Sewer
Sewer
Water
Water

Taxes

Tax Annual Amount
$10,202.30

Public schools

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Sourced from: Canadian Real Estate Association MLS®#: X13549418 Last checked:

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