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1160 MERIVALE ROAD
Ottawa Ontario , K1Z6B5 , Canada
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$3,400,000.00
MLS® 1404689
Investment
Lot Frontage: 59.3 Feet
Lot Depth: 128.0 Feet
Lot Size: 59.31 ft X 127.96 ft (Irregular Lot)
No. of Parking Spaces: 11
Zoning: TM
Remarks:
This purpose-built 16 unit is well maintained and walking distance to many amenities including the experimental farms, transit, dining and shopping. The building offers a mix of 4 bachelor apartments and 12 one bedroom apartments with an elevator, onsite fitness room, coin operated laundry facilities, and a total of 11 parking spots. Each unit is separately metered for hydro and has one - two balconies. This is a Great Investment opportunity with Significant Upside Potential in NOI. Sellers will Consider a VTB up-to 75% for Qualified Buyers. (id:7526)

Property Features:
  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Sewer: Municipal sewage system
Building Features:
  • Amenities: Exercise Centre
  • Exterior Finish: Brick
  • Fire Protection: Security
  • Foundation Type: Block , Poured Concrete
  • Heating Fuel: Electric
  • Heating Type: Baseboard heaters

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