72 Pretoria Avenue Ottawa, Ontario K1S 1W9

11 Bedroom 6 Bathroom 3,500 - 5,000 sqft
None Radiant Heat

$1,985,000

This 6-unit fully tenanted residential building offers strong holding power, consistent rental demand, and valuable upside for savvy investors or portfolio builders. Composed of five 2-bedroom units, and a 1 bedroom unit. Coin operated laundry in the building. 2 parking spaces can generate extra income. Tenants pay hydro. Roof (2018), Windows (2016), Boiler (2025). Grocery store, LCBO, TD Bank, the Canal and bike/walking trail all located across the street, minutes to Carleton and Ottawa University, downtown government employment hubs, Highway 417 access and more; this easily attracts tenants making it easy to rent. FUTURE DEVELOPMENT POTENTIAL. Plans to add a building in the back have been approved with the City and ready to start. Whether you are looking to acquire a turnkey income generator, or secure a prime piece of central Ottawa real estate, 72 Pretoria Avenue delivers location, scale, and long-term capital appreciation potential. Gross Income $135,675. Operating expenses $30,340. NOI $105,334. Potential additional parking income $2400. (id:49203)

Property Details

MLS® Number X13719872
Property Type Multi-family
Community Name 4402 - Glebe
Equipment Type Water Heater
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 6
Bedrooms Above Ground 8
Bedrooms Below Ground 3
Bedrooms Total 11
Appliances Water Heater, Dryer, Stove, Washer, Refrigerator
Basement Development Finished
Basement Type N/a (finished)
Cooling Type None
Exterior Finish Brick
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Size Interior 3,500 - 5,000 Sqft
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft ,2 In
Size Frontage 40 Ft
Size Irregular 40 X 100.2 Ft
Size Total Text 40 X 100.2 Ft

https://www.realtor.ca/real-estate/30205913/72-pretoria-avenue-ottawa-4402-glebe

Contact Us

Contact us for more information

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Mathieu Bedirian
Salesperson

(613) 220-7168
www.myagentmatt.ca/

RE/MAX Hallmark Realty Group
4366 Innes Road
Ottawa, Ontario K4A 3W3

(613) 590-3000
(613) 590-3050
www.hallmarkottawa.com/

Dekker Team
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