Sorin Vaduva CNE
Sorin Vaduva 1419 Carling Avenue Suite 217 Ottawa, ON K1Z 7L6
Business: 6132629562
Cell: 613-262-9562
Fax: 613-744-4395
Work Phone: 613-744-0356
Email Sorin

98 Holland Ave Hintonburg (Ottawa, Ontario, CA - K1Y 0X6) Built

SOLD $1,350,000

Capital Homes Realty Inc., Brokerage

Sorin Vaduva Sorin Vaduva 613-744-0356 (Office) 6132629562 (Office) 613-262-9562 (Cell) 613-744-4395 (Fax) Request More Info

  • Type: Residential
  • Style: Fourplex
  • Bedrooms: 6
  • Bathrooms: 4
  • Development Level: Built
  • Lot Size: 50ft x 104ft
  • Taxes: $6,549.00 (2019)
  • MLS ® #: 1189069
  • Basement: Yes, Full

Description

Attention investors. Rare opportunity to own a Fourplex with an incredible location in Hintonburg! The Property currently has two- 2 bedroom units and two- 1 bedroom units which are fully rented to great tenants and the TM13 zoning allows for multiple possibilities for expansion or redeveloping with mixed use possibilities. The property has potential for increased income by increasing to market rents in the future. Great Income, Low expenses and a Cap Rate of 4.3% makes this a great asset to add to your investment portfolio or you could live in one unit and rent the rest. This gem is close to the Civic Hospital, Tunney’s Pasture and everything Hintonburg and Westboro have to offer! Public Transit is close by including LRT access! Please contact for more information, rent roll and proposed site development plan.

Attachments

Highlights

  • Annual Income - $73,252.20
  • Annual Expenses: $3,723.54 - Insurance $1,900.90 - Hydro ($409.80) - Tenant hydro share $1,326.90 - Water and sewer $6,549.67 - Property taxes $1038.60 -Snow & Lawn Annual Expenses :$14,129.81
  • NOI is $59,122.39
P2#379732592
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Information is deemed to be correct but not guaranteed.

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