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$3,599,000
Available - For Sale
Listing ID: X9516768
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 while planning the development of your own perfect income property specific to your investment portfolio needs. Located on one of the main city corridors - walking distance to LRT Station, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations 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 per new 3-bedroom unit (top unit completed & presently occupied by one of the owner's). 15 Parking space/income estimated. Each of the 3 Row units have undergone major renovations include 4-bedrooms, 2 full bathrooms, & in-unit laundry.
Price $3,599,000
Taxes: $16,466
Occupancy by: Tenant
Address: 258,260 BRONSON Ave , West Centre Town, K1R 6H8, Ontario
Postal Code: K1R 6H8
Province/State: Ontario
Legal Description: LT 42, PL 3459; OTTAWA/NEPEAN ( PIN # 04
Lot Size: 104.38 x 99 (Feet)
Directions/Cross Streets: On the West Side of Bronson Avenue, just North of Somerset Street
Zoning: TM [2214]
Category: Apartment
Insurance Expense: $11880
Water Expense: $2500
Gross Income/Sales: $198600
Operating Expenses: $32496
Net Income Before Debt: $166104
Heat Type: Forced Air
Central Air Conditioning: Other
Sewers: Sewers
Water: Municipal
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RE/MAX HALLMARK REALTY GROUP

258,260 BRONSON Ave , West Centre Town, K1R 6H8, Ontario

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Investment
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4204 - West Centre Town
Style:
Lot Size: 104.38 x 99.00(Feet)
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Tax: $16,466
Maintenance Fee: $0
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908