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Home ON Ottawa - Gatineau Ottawa Old Ottawa East
135 CONCORD STREET S
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135 CONCORD STREET S $2,600,000
$2,600,000
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135 CONCORD STREET S
Ottawa, Ontario K1S0Z3

MLS® Number: 1411198

Listing Description

Substantially rebuilt 9-unit apartment building located within walking distance of Ottawa University Lee's Campus, Main Campus, and St Paul's University campus. Largely rebuilt down to the studs in 2019 from the basement to the roof. The long list of work included concrete repair, membrane around the foundation, plumbing infrastructure with water submeters for all units, electrical, upper roof, tankless boiler, radiators, windows, fire alarm system, asphalt, appliances, and completely remodeled units. All tenants pay for electricity and water in addition to their rent. Paid parking and coin laundry. Heating is a central tankless boiler system with high-efficiency radiators. All rents are currently quite below the market value giving the successful buyer a substantial upside opportunity. Tenants are a mix of students and young professionals. Rarely available, this is a long-term legacy investment opportunity for you and your family. No vendor mortgage is available. (28812508)

Property Summary

Property Type
Multi-family
Storeys
2
Neighbourhood Name
Ottawa East
Title
Freehold
Land Size
61.1 ft X 95.8 ft
Built in
1950
Annual Property Taxes
$26,270
Total Parking Spaces
7
Time on REALTOR.ca
70 days

Building

Building Features
Foundation Type
Poured Concrete
Total Units
9
Heating & Cooling
Heating Type
Hot water radiator heat (Other)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Concrete, Wood siding
Maintenance or Condo Information
Maintenance Management Company
Self-Managed -
Parking
Total Parking Spaces
7

Land

Lot Features
Frontage
61 ft ,1 in
Land Depth
95 ft ,10 in
Other Property Information
Zoning Description
R3P
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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