LOADING

$1,589,900

278 Donald Street Ottawa, Ontario K1K 1M7

None Radiant Heat

Unique property that has 14 bachelor units with another two units that share accommodations. Huge income that comes with a 7.4 % cap rate. Perfect for the investor looking to get a good return for the invested dollar. 24 hours notice for showings and 24 hours irrevocable on all offers. Some rents will be going up Dec 1, 2020. The Buyer to do their own due diligence with this property. Please note zoning has recently changed from R4N to R4UC-c. With the current lot size you are allowed to have 9+ units and can build up to 11 metres in height. (id:42482)

Are You Interested?

    Property Details

    MLS® Number 1219111
    Property Type Multi-family
    Neigbourhood Overbrook/Castle Heights
    Parking Space Total 4

    Building

    Cooling Type None
    Exterior Finish Siding
    Foundation Type Block, Poured Concrete
    Heating Fuel Natural Gas
    Heating Type Radiant Heat
    Stories Total 2
    Utility Water Municipal Water

    Land

    Acreage No
    Sewer Municipal Sewage System
    Size Depth 116 Ft ,9 In
    Size Frontage 50 Ft
    Size Irregular 50 Ft X 116.75 Ft
    Size Total Text 50 Ft X 116.75 Ft
    Zoning Description R4n

    https://www.realtor.ca/real-estate/22601218/278-donald-street-ottawa-overbrookcastle-heights


    Thom Fountain
    Broker

    (613) 369-5936
    RE/MAX HALLMARK REALTY GROUP
    610 Bronson Avenue
    Ottawa, Ontario K1S 4E6

    (613) 236-5959
    (613) 236-1515
    www.hallmarkottawa.com

    Ahmad Moharam
    Broker

    (613) 883-7060
    www.soldbyahmad.ca
    EXP REALTY
    343 Preston Street, 11th Floor
    Ottawa, Ontario K1S 1N4

    (866) 530-7737
    (647) 849-3180
    www.exprealty.ca