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Max Ortoli

[email protected] +1(416) 398-1111

$ 3,549,000

Est. payment -/mo

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Active

258, 260, 262, 264 Bronson AVE S West Centre Town, ON K1R 6H8

17 Beds

10 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision 4204 - West Centre Town

MLS Listing ID X11980469

Style 2-Storey

Bedrooms 17

Annual Tax Amount $17,120

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey Development with Multiple Use. Enjoy a good income producing investment (approx. 4.76 Cap Rate) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to 2 LRT Stations, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom plus Den unit, each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with the top unit rented at $2,800 per month (lower large 2 bedroom plus Den unit presently occupied by one of the owner's with an estimated rental monthly income of $2,900). Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $201,000.00 - Estimated Gross Expenses are $32,073.00 - Estimated Net Income before mortgage costs are $168,927.00.

Location

State ON

County Ottawa

Community 4204 - West Centre Town

Area Ottawa

Zoning TM [2214]

Rooms

Family Room No

Basement Unfinished

Kitchen 5

Interior

Interior Features Water Heater, Separate Hydro Meter

Cooling Central Air

Inclusions 5 Fridges, 5 Stoves, 3 Dishwashers, 5 Washers, 5 Dryers, 2 Central Air Conditioners, 2 Hot Water tanks

Exterior

Exterior Feature Deck

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 104.38

Lot Depth 99.0

Total Parking Spaces 15

Building

Foundation Stone

Others

Senior Community No

Listed by RE/MAX HALLMARK REALTY GROUP

Max Ortoli

+1(416) 398-1111

Max Ortoli

258, 260, 262, 264 Bronson AVE S West Centre Town, ON K1R 6H8

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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258, 260, 262, 264 Bronson AVE S

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