Easy to rent at premium prices this Sandy Hill 5 unit building at 296 Somerset St. E built in 2021 gives investors years of minimal maintenance expenditures. It's comprised of 4 residential apartments; each with 4 bedrooms. The 5th unit is Safi Fine Food retail & cafe. Each unit has its own hi-efficiency furnace, AC, hydro meter and in-unit laundry. The building is 3 stories plus finished basement. According to attached floor plans unit sizes are Apt #1 848 sq. ft. (basement) Apt. #2 690 sq. ft. (2nd floor) Apt. #3 844 sq. ft. (2nd/3rd floor) Apt. #4 690 Sq. ft. (3rd floor) Leased retail business is 952 sq. ft. Exterior is primarily brick & Hardie Board siding, roof is membrane. Owner pays water & WIFI. Tenants pay heat & hydro except #3, which will be rectified at end of lease. Gross income $235,498. Expenses $44,466. Net income $191,109. Hot water is an owned tankless system. Showings Mon, Wed, and Fri, and Sat 11 am to 4 pm. The building is four blocks from the University of Ottawa so there's always a massive tenant pool. Public bus transit right on Somerset St. and the Light Rapid Train system has its own stop right at U-Ottawa! A few blocks to Minto Sports complex, Sandy Hill arena, and all necessary shops and services on Rideau St. This is an investor's dream property, now being offered for the first time. Fenced back yard for tenants' enjoyment. (id:2493)More details
Easy to rent at premium prices this Sandy Hill 5 unit building at 296 Somerset St. E built in 2021 gives investors years of minimal maintenance expenditures. It's comprised of 4 residential apartments; each with 4 bedrooms. The 5th unit is Safi Fine Food retail & cafe. Each unit has its own hi-efficiency furnace, AC, hydro meter and in-unit laundry. The building is 3 stories plus finished basement. According to attached floor plans unit sizes are Apt #1 848 sq. ft. (basement) Apt. #2 690 sq. ft. (2nd floor) Apt. #3 844 sq. ft. (2nd/3rd floor) Apt. #4 690 Sq. ft. (3rd floor) Leased retail business is 952 sq. ft. Exterior is primarily brick & Hardie Board siding, roof is membrane. Owner pays water & WIFI. Tenants pay heat & hydro except #3, which will be rectified at end of lease. Gross income $235,498. Expenses $44,389. Net income $191,109. Hot water is an owned tankless system. Showings Mon, Wed, and Fri, and Sat 11 am to 4 pm. The building is four blocks from the University of Ottawa so there's always a massive tenant pool. Public bus transit right on Somerset St. and the Light Rapid Train system has its own stop right at U-Ottawa! A few blocks to Minto Sports complex, Sandy Hill arena, and all necessary shops and services on Rideau St. This is an investor's dream property, now being offered for the first time. Fenced back yard for tenants' enjoyment. (id:2493)More details
Discover this beautifully updated & expanded classic yet chic Glebe residence. Built in 1895 & expanded in 2013, it combines historical charm with modern design, amenities & mechanical systems. The main floor features 9' ceilings, hardwood, formal living & dining space as well as sunny office area. Chef's kitchen w/ walk-in pantry, Italian marble backsplash, stainless appliances, dual dishwashers, & quartz countertop island w/ breakfast bar overlooking the family room & cozy gas fireplace. 5 spacious bedrooms & 5 bathrooms are ideal for larger families. The primary suite offers 5-piece ensuite, steam shower & 2 walk-in closets. 3 additional bedrooms, full bath, laundry & den on 2nd. 3rd flr loft bedroom w/ 3-piece ensuite. Enjoy a rare private retreat w/ in-ground pool, hot tub, covered porch w/ outdoor kitchen & low-maintenance landscaped grounds. Additional highlights incl. finished bsmt, rare 50x103 ft lot, heated oversized garage w/ mudroom entrance & interlock driveway for 2 cars. (id:2493)More details
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. 4.6 Cap Rate when fully rented) 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 LRT Station, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with an estimated potential rent of $2,900 per month (top 3-bedroom unit is fully completed & presently occupied by one of the owner's and lower unit is semi finished). 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 $198,600 - Estimated Gross Expenses are $32,491.66 - Estimated New Income before mortgage costs are $166,108,34. (id:2493)More details
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. 4.6 Cap Rate when fully rented) 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 LRT Station, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom unit each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with an estimated potential rent of $2,900 per month (top 3-bedroom unit is fully completed & presently occupied by one of the owner's and lower unit is semi finished). 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 $198,600 - Estimated Gross Expenses are $32,491.66 - Estimated New Income before mortgage costs are $166,108,34. (id:2493)More details
Never shovel or get into a cold car again! Discover this newly constructed, custom-built 4-bedroom, 5-bathroom home, ideally situated just steps from everything Westboro has to offer. Designed for modern living, this stunning property sits on a rare, extra-deep 132' lot and boasts a 3-car garage, a heated laneway and steps, and an inviting backyard oasis complete with a plunge pool and covered porch. The main level features soaring 10' ceilings and floor-to-ceiling windows that flood the space with natural light. Luxury finishes are showcased throughout, including custom cabinetry and millwork with a striking walnut feature wall and buffet, custom stained Canadian white oak hardwood flooring, and heated tile floors everywhere (excluding the laundry room). Sleek glass railings complement the contemporary aesthetic, while the gourmet kitchen is equipped with top-of-the-line Thermador appliances, an integrated wine tower, Hanstone quartz countertops, and Deslaurier custom cabinets offering exceptional storage. A walk-through pantry and bar area provide added convenience for entertaining. Smart home technology enhances everyday living with Sonos entertainment and sound, Lutron power blinds, a comprehensive security system with cameras, and a fully integrated irrigation and landscape lighting system. The upper level is a serene retreat, featuring a luxurious primary suite with a spa-inspired ensuite and a spacious walk-in closet. Two additional bedrooms share a stylish ensuite, while a fourth bedroom enjoys its own private bath. A large, well-appointed laundry room completes this floor. The bright lower level, illuminated by 5' windows, includes a mudroom off the garage (garage with exterior person door), a sun filled recreation room, a dedicated gym, and ample storage space. This exceptional residence seamlessly blends luxury, function, and convenience - a rare opportunity in an unbeatable location. (id:2493)More details
A 5-year-old purpose-built 8-unit apartment building with fully furnished open-concept units, including six 2-bedroom and two 1-bedroom apartments. The property is located close to Montfort Hospital, amenities, and shopping just off Beechwood Ave., near Rockcliffe Park and within walking distance to the Rideau River, offering year-round recreational activities including skating, cross-country skiing, snowshoeing, walking, cycling, swimming, tennis, rowing, and sailing. Gross yearly rent = $228,145.56. Individual rents are as follows: (1) $2,190, (2) $2,500, (3) $1,950, (4) $2,300, (5) $2,575, (6) $2,547.13, (7) $2,450, (8) $2,500. Expenses include taxes: $26,712, hydro: $4,680, water: $4,080, gas: $5,436, maintenance: $9,384, management: $8,784, insurance: $4,440, and advertising: $1,116. Total yearly expenses = $64,632. (id:2493)More details
Crystal Bay waterfront resort like property providing an array of entertainment and recreational activities year round. Only 126 single family properties on the Ottawa River from Britannia to the NCC greenbelt making this a special opportunity. This modern 'smart' home has breathtaking panoramic views across the river to the Gatineau Hills and towards the city. The three level 3 bedroom split home and additional self contained Coach House all reimagined since 2021 are situated on a .85 acre lot with over 180' of waterfront. You can feel the serenity as you arrive through the gated entrance. High quality finishes throughout the buildings and grounds. Huge deck over a 3 season family room w/sauna. Other inclusions are a 36x18 inground saltwater pool, large deck and patio area, putting green, firepit, generator, BBQ station, gazebo and dock. Double car garage at main home and a single drive through garage at the Coach House. To be featured on HGTV's Luxury Lakefront Properties. Private retreat on the Grandview Golden Mile. (id:2493)More details
A stunning luxury custom house built on one of the last premium lots in Emerald Creek Estates is designed for luxury and comfort! Impeccably immaculate pride of ownership shows inside and outside of this family home. Beautiful main floor spaces-including the breathtaking gourmet kitchen/family room w/wood burning fireplace, serving/bar area, formal living & dining rooms, and 4 seasons sunroom/den overlooking an incredible backyard with an in-ground salt water heated pool featuring a waterfall/fountain. The 2nd floor has 4 great size bedrooms (two primary bedrooms are with luxurious en-suite baths and walk-in closets), a large laundry room, family bathroom. The walkout garden level comes w/bar, fridge & sink set for entertaining plus a 2nd family room w/gas fireplace. This home offers a sensational sense of scale and dramatic living spaces enhanced by soaring ceilings & fabulous room sizes. Call today and immerse yourself in luxury and tranquility with no rear neighbors! Move right in!, Flooring: Hardwood, Flooring: Carpet W/W & Mixed, Flooring: Ceramic (id:2493)More details
Modern Luxury triplex in the Heart of Beachwood Village by Blueprint Builds. This 3- 3 Bed 2 bath Units offers an expansive 1,425 square Feet with 9 foot ceilings. Separate Heat/Hydro and laundry for each unit & contemporary finishes accompany quartz counters, maple floors and S/S appliances. Top floor unit includes a rooftop patio with a hot tub and scenic views of Ottawa's skyline. Long term stable tenants the entire building comes with 2 surface parking spots & in-floor radiant heat basement. . Meticulously maintained with no deferred maintenance. Walking distance to shops, amenities and transit., Flooring: Hardwood, Flooring: Laminate **EXTRAS** Additional storage unit in the back of property. (id:2493)More details
Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $92,559 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant. Located just minutes from schools, grocery stores, Shopping Centre, restaurants, and public transit. making this an incredible opportunity for any investor looking for a high-earning property with growth potential. (id:2493)More details
Flooring: Tile, Excellent Income producing Investment property features 3 large attached 4-bedroom Townhomes & 10 outdoor parking spots - Great Development Potential - Zoned TM [2214] with multi-use zoning opportunities - Gross Income of approx. $120,072 - Great possibility of building expansion as townhomes are situated very close to the frontage line which could potentially increase income and potentially pay down mortgage very quickly with right expansion project - All 3 townhomes include good tenants, 4-Bedrooms & 2 Full bathrooms and have undergone extensive renovations. Each Townhome has it's own furnace, laundry, hydro meter & water meter resulting in tenants paying for all utilities resulting in a very strong Net Income of approx. $97,900 not including Mortgage costs. Located in one of the Main Corridors to the exciting Future Development of LeBreton Flats - walking distance to LRT Stations & minutes to Downtown/both Main Universities & many of the National Capitals major tourists attractions., Flooring: Hardwood, Flooring: Other (See Remarks) (id:2493)More details
Data was last updated March 10, 2025 at 10:26 PM (UTC)
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