Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6 plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, in a parking lot that is 2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; fridge/stove/dishwasher/ microwave. Separate meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI = $118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, BMO branch and LCBO are a 10-minute walk away; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being re-developed and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for joggers & dog walkers. Great location for renters and investors alike. (id:59327)
| MLS® Number | X13467972 |
| Property Type | Multi-family |
| Community Name | 3302 - Lindenlea |
| AmenitiesNearBy | Public Transit, Schools |
| EquipmentType | None |
| Features | Irregular Lot Size, Carpet Free |
| ParkingSpaceTotal | 6 |
| RentalEquipmentType | None |
| BathroomTotal | 6 |
| BedroomsAboveGround | 6 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 8 |
| Age | 51 To 99 Years |
| Amenities | Separate Heating Controls |
| Appliances | Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
| BasementDevelopment | Finished |
| BasementFeatures | Walk Out, Separate Entrance |
| BasementType | N/a (finished), N/a |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Brick |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 3 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 142 Ft |
| SizeFrontage | 40 Ft ,1 In |
| SizeIrregular | 40.1 X 142 Ft ; North Line = +13 Ft Vs. South Line |
| SizeTotalText | 40.1 X 142 Ft ; North Line = +13 Ft Vs. South Line |
| ZoningDescription | Rud4 |
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29929607/11-s1-3-13-s-1-3-13-acacia-avenue-ottawa-3302-lindenlea
Contact us for more information
David Crapper
Salesperson