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114 Daly Avenue Ottawa, Ontario K1N 6E7

Fireplace None Radiant Heat Partially Landscaped

$1,500,000

$67,244 in CASFLOW/NET INCOME! A+ Investment Opportunity in this fabulous downtown LEGAL 4plex (inspected). 3X spacious 2 bedroom units & 1X 1 bedroom unit in the lower level. Lovingly held in the same family for 40+ years it has benefitted from countless updates & improvements with functional elements that you simply do not see in 'average multi units'. Updated wiring throughout with newer electrical panels and service, quality boiler, extensive foundation work & repointing, rebuilt front porch, some windows, metal fire escape, etc. Located in an undeniably strategic location moving forward and just a short walk to Ottawa U, Byward Market, LRT, Rideau canal, Ottawa's financial district and Parliament Hill. Parking for three vehicles, 2 bay carport w 5 ingenious storage lockers, workshop storage area, and a paved laneway. This particular multi-unit has excellent professional tenants that pay below market rent. Many ways to improve revenue. NEW ROOF AUG 2022, $21,000 (id:19066)

Property Details

MLS® Number 1297865
Amenities Near By Public Transit, Recreation Nearby, Shopping
Parking Space Total 3
Property Type Multi-family
Structure Deck

Building

Amenities Storage - Locker
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Aluminum Siding, Brick
Fire Protection Smoke Detectors
Fireplace Present Yes
Fireplace Total 1
Flooring Type Hardwood, Tile, Vinyl
Foundation Type Poured Concrete, Stone
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 3
Type Fourplex
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Current Use Development Residential
Land Amenities Public Transit, Recreation Nearby, Shopping
Landscape Features Partially Landscaped
Sewer Municipal Sewage System
Size Depth 99 Ft
Size Frontage 25 Ft
Size Irregular 25 Ft X 99 Ft
Size Total Text 25 Ft X 99 Ft
Zoning Description Residential

https://www.realtor.ca/real-estate/24537025/114-daly-avenue-ottawa-sandy-hill

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Jacen Matthews
Salesperson

(613) 296-8582
www.ottawadwellings.com

Royal LePage Performance Realty
165 Pretoria Avenue
Ottawa, Ontario K1S 1X1

(613) 238-2801
(613) 238-4583

Manfred Schlesiger
Salesperson

(613) 276-7169
agents.royallepage.ca/manfred

Royal LePage Performance Realty
165 Pretoria Avenue
Ottawa, Ontario K1S 1X1

(613) 238-2801
(613) 238-4583

Stephen John
Salesperson

(613) 715-4020
www.ottawadwellings.com

Royal LePage Performance Realty
165 Pretoria Avenue
Ottawa, Ontario K1S 1X1

(613) 238-2801
(613) 238-4583

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