I have listed a new property at 467-469 Braydon Avenue in Alta Vista and Area. See details here
Investment opportunity with LEGAL SDU, TWO hydro meters, TWO street numbers with separate entrances on a CORNER LOT in Riverview Park!Whether you're an investor chasing reliability or a buyer looking for a low-risk asset, this is a turnkey opportunity in a zero-vacancy zone, steps away to the Faculty of Medicine, the Ottawa Hospital, CHEO & NDMC, and minutes away from Train Yards shopping centre, LRT stations, trail, schools and HWY 417. Great cash flow with room to increase, currently at 5.69% cap rate. 467 Braydon Ave (Upper unit): 4 bedrooms, 1 bathroom, rented at $2,640/month; 469 Braydon Ave (Lower unit): 4 bedrooms, 1 full bathroom & 1 partial bathroom, rented at $2,360 /month; 4 parking spots, rented at $260/month. All major components are updated: Roof: 2025; Hot Water Heater(rental): 2025; Central AC: 2022; Furnace: 2020; All vinyl windows. Loads of value at a fantastic location for those who seek optionality!