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Home ON Ottawa - Gatineau Ottawa Overbrook - McArthur
382 BRANT STREET
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382 BRANT STREET $1,070,000
3 days ago
$1,070,000
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382 BRANT STREET
Ottawa, Ontario K1L6V6

MLS® Number: 1419981

Listing Description

Updated & meticulously maintained 5-plex centrally located near shopping, transit, schools (uOttawa), parks and the downtown core. 5 x 1-bedroom/1 bath apartments have recent upgrades including kitchens, appliances, bathrooms, floors more. Updated windows and recently replaced roof. Each unit has storage locker in basement along with surfaced parking, as property has wide double lane driveway. Common laundry room in basement has potential for additional laundry income. Property has 6 hydro meters with each apartment on an individual meter paying their own hydro. Excellent tenants and easy to maintain and manage building. Lot has space and high density R4UA zoning for the potential to extend building, add additional structure or future building potential. Why buy land and develop, when you can buy and earn income at an appealing 5.4% cap rate today for well below the cost to acquire land, pay development/permit fees and construction costs. 5x stoves, 5x fridges, 2x dishwashers. (29058716)

Property Summary

Property Type
Multi-family
Storeys
2
Neighbourhood Name
Castle Heights
Title
Freehold
Land Size
57.08 ft X 72.47 ft
Built in
1959
Annual Property Taxes
$5,537
Total Parking Spaces
5
Time on REALTOR.ca
3 days

Building

Building Features
Total Units
5
Heating & Cooling
Cooling
None
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stucco
Maintenance or Condo Information
Maintenance Management Company
Self managed -
Parking
Total Parking Spaces
5

Land

Lot Features
Frontage
57 ft ,1 in
Land Depth
72 ft ,6 in
Other Property Information
Zoning Description
R4UA
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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