For Sale

$3,400,000

1160 MERIVALE Road, Ottawa, ON K1Z 6B5

Nearest City Centre: Ottawa  

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.

Property Summary

  • Neighbourhood: Carlington
  • Annual Tax Amount: $37,056.00 (2023)
  • Lot Frontage: 18.08 Metre
  • Lot Depth: 39.00 Metre
  • No. of Parking Spaces: 11
  • Zoning: TM

Property Features:

  • Additional Property Uses ICI:
    Apartment 5+Units
  • Amenities:
    [] , Elevator , Exercise Centre , Laundry , Security
  • Exterior Finish:
    Brick
  • Fire Protection:
    []
  • Foundation:
    Block , Poured Concrete
  • Heat Desc:
    Baseboard
  • Heating Fuel:
    Electricity
  • Sewer Type:
    Sewer Connected
  • Title:
    Freehold
  • Water Supply:
    Municipal
Lifestyle
Neighbourhood Info
The Wilson Team

The Wilson Team

Phone:  613.733.9100

Fax:  613.733.1450

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Royal LePage Performance Realty, Brokerage (Independently owned and operated)

201 - 1500 BANK STREET
Ottawa,  ON K1H 7Z2

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