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72 Pretoria Avenue Ottawa, Ontario K1S 1W9

11 Bedroom 6 Bathroom 3500 - 5000 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 $33,658. NOI $102,016. Potential additional parking income $2400. (id:59524)

Property Details

MLS® Number X13719872
Property Type Multi-family
Community Name 4402 - Glebe
EquipmentType Water Heater
ParkingSpaceTotal 2
RentalEquipmentType Water Heater

Building

BathroomTotal 6
BedroomsAboveGround 8
BedroomsBelowGround 3
BedroomsTotal 11
Appliances Water Heater, Dryer, Stove, Washer, Refrigerator
BasementDevelopment Finished
BasementType N/a (finished)
CoolingType None
ExteriorFinish Brick
HeatingFuel Natural Gas
HeatingType Radiant Heat
StoriesTotal 2
SizeInterior 3500 - 5000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 100 Ft ,2 In
SizeFrontage 40 Ft
SizeIrregular 40 X 100.2 Ft
SizeTotalText 40 X 100.2 Ft

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

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