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$ 3,549,000
Est. payment /mo
Active
258, 260, 262, 264 Bronson AVE S West Centre Town, ON K1R 6H8
17 Beds
10 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision 4204 - West Centre Town
MLS Listing ID X11980469
Style 2-Storey
Bedrooms 17
Annual Tax Amount $17,120
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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 (approx. 4.76 Cap Rate) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to 2 LRT Stations, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom plus Den unit, each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with the top unit rented at $2,800 per month (lower large 2 bedroom plus Den unit presently occupied by one of the owner's with an estimated rental monthly income of $2,900). Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $201,000.00 - Estimated Gross Expenses are $32,073.00 - Estimated Net Income before mortgage costs are $168,927.00.
Location
Province ON
County Ottawa
Community 4204 - West Centre Town
Area Ottawa
Rooms
Family Room No
Basement Unfinished
Kitchen 5
Interior
Interior Features Water Heater, Separate Hydro Meter
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Exterior Feature Deck
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 104.38
Lot Depth 99.0
Total Parking Spaces 15
Building
Unit Features Public Transit
Foundation Stone
Listed by RE/MAX HALLMARK REALTY GROUP