329 Richelieu Ave, Ottawa, ON K1L6J7

Sqft
157,687,200

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Listed byROYAL LEPAGE EDMONDS & ASSOCIATES
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Overview

Discover this well-maintained 7-unit multifamily building just minutes from the heart of Ottawa, offering steady cash flow and upside potential. This turnkey investment combines solid tenants, attractive unit mix, and a desirable neighborhood with high demand for rental housing. The prime location is walkable to transit, schools, parks, shopping, dining, and cultural amenities, and is within close proximity to the University of Ottawa. Unit mix is comprised of four 2-bedrooms, two 1-bedrooms and one bachelor. All units are in excellent condition, with two of the units completely renovated in spring 2024, and two others upgraded in the past few years. Onsite laundry is available for tenant convenience and an additional source of income. The property also features an outdoor patio are 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. (id:58180)

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
157,687,200
Lot size (acres)
3,620

Utilities

Heating
Natural Gas
Cooling
None
Water
Water

Taxes

Tax Annual Amount
$12,813

Public schools

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Sourced from: Canadian Real Estate Association MLS®#: X13249836 Last checked:

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