Sold - 12 unit Apt Building in Vanier. Ottawa, ON

This is an 12 unit purpose built wood frame brick veneer building. This building has an excellent mix consisting of: 8 two bedrooms apartments and 4 one bedroom apartments. This building has 8 outdoor parking spaces; and coin operated laundry machines.


The Property is located on MacArthur Ave with direct access to public transit, and down the street from the local grocery store and many other amenities.


Each apartment features a large living room and well sized bedrooms. These units have large windows that allows for natural sun light and gives a spacious feel to the apartment.

Salient Facts
Address: 350 McArthur Ave Neighborhood: Vanier
Units: 12
Unit Composition: 4 - One bedroom
8 - Two Bedrooms
Gross Annual Income : $ 123,439.56
Asking Price : $ 1,349,000
Lot Size : 90.0 X 110.00’
Construction: Wood Frame, brick
exterior
# of Stories : 3
Intercom: yes
Floors Finishes: Units: ceramic, laminate, hardwood,
vinyl
Common Area: Terrazzo
Fridges / Stoves : 12 / 12
Heating Type: Natural Gas, Boiler System
Hot Water Supply: Natural Gas - Rental Hot Water
Washer / Dryer : 1/ 1 (coin operated)
Parking: 8
Leases: 1 year, then month to month
Hydro Meters: Separate for Tenants & Public Areas

 

Kwesi Bourne