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Amy Verma

amy@amyverma.ca +1(613) 297-9031

$2,575,000

Est. payment - /mo

8 Beds

6 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 3302 - Lindenlea

MLS Listing ID X13467972

Style 3-Storey

Bedrooms 8

Annual Tax Amount $12,122

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6 plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, in a parking lot that is 2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; fridge/stove/dishwasher/ microwave. Separate meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI = $118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, BMO branch and LCBO are a 10-minute walk away; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being re-developed and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for joggers & dog walkers. Great location for renters and investors alike.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Finished with Walk-Out, Separate Entrance, Finished

Kitchen 6

Separate Den/Office 2

Interior

Interior Features Carpet Free, Separate Heating Controls, Water Heater Owned

Cooling Window Unit(s)

Fireplace No

Heat Source Electric

Exterior

Parking Features Reserved/Assigned

Pool None

Roof Type Flat,Membrane

Lot Frontage 40.09

Lot Depth 142.0

Total Parking Spaces 6

Building

Building Age 51-99

Unit Features Fenced Yard,Public Transit,School

Foundation Concrete

Others

ParcelsYN No

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Listed by DIGI BROKERAGE

NEARBY SCHOOL & BUSINESS

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Amy Verma

+1(613) 297-9031

Agent

13 Acacia AVE #11 #'s1-3; 13 #'s 1-3 New Edinburgh - Lindenlea, ON K1M 0P3

Amy Verma

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION