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1422 GOTH AVENUE, Ottawa, Ontario, K1T1E4
Property TypeMulti-family Built in1968

This property offers 5 units and is situated on a spacious 100x100 lot in a highly sought-after location. This property also holds great potential for development or as a long-term investment. Its versatile nature allows for various possibilities, making it an ideal choice for investors looking to maximize their returns. Main house could be used by buyer ($2800) and still have 4 other incomes from other units. The property's advantageous location offers convenience and accessibility. It is in close to parks, public transit (OC Transpo Bus Stop at door on Albion Road), Walmart, South keys shopping centre and schools. This makes it an attractive choice for potential tenants, ensuring a steady stream of rental income. To further sweeten the deal, the owner is offering a vendor take-back mortgage (VTB) for $1,000,000 at a competitive interest rate of 5%. This presents a favourable financing option for interested buyers, making the investment even more enticing. Don't miss out on this one! (id:16400)


Details
Management Companyn/a - OwnershipFreehold
Parking Spaces8 TransactionFor sale
Zoning DescriptionR4Z
Building
Constructed Date1968 Exterior FinishBrick, Siding
FoundationBlock Heating FuelOther
HeatingOther Storeys Total2
Utility WaterMunicipal water
Land
Size Frontage97 ft SewerMunicipal sewage system
Size Depth105 ft Size Irregular97 ft X 105 ft

Listing Office: EXP REALTY

Data Provided by Ottawa Real Estate Board

Last Modified :04/08/2024 05:11:57 PM

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