24 Beds 8 Bath

348 Stewart Street, Lower Town - Sandy Hill, ON K1N 6K8

Lower Town - Sandy Hill K1N 6K8 Ontario

MLS: X12844160

$3,500,000

Added 1 hour ago | For Sale

Listed by: RE/MAX HALLMARK REALTY GROUP

About Property

NEWER FOURPLEX + HIGH DEMAND LOCATION + GREAT CAP RATE ~ $232,200 income ~ expenses $37,935 ~ Net income $194,265 ~ extraordinary opportunity as this immaculate FOURPLEX is in a class of it's own ~ NEWLY BUILT in 2016 with meticulous care to create gorgeous modern living spaces + blend seamlessly into the heritage neighbourhood of Sandy Hill. ALL FOUR UNITS offer 2500 SQ FT. (approx), expansive balconies, 6 bedrooms each, 2 full bathrooms, in-unit laundry for each unit, red oak hardwood flooring, porcelain tile and hard maple kitchen cabinets. 4 washers, 4 dryers, 4 S/S dishwashers, 4 S/S fridges, 4 S/S stoves, 4 furnaces, 3 central air, HRV, 5 hydro meters included. 9 ft. ceilings in lower level apartment. Very easy building to self manage. Always fully rented out. COVETED LOCATION- nestled on a very quiet, tree-lined street, surrounded in green space, parks (including riverfront Strathcona Park) and unmatched access to boutique shops, fine dining, Ottawa U, embassies, government buildings, Parliament Hill, Rideau Centre, ByWard Market (markets & night-life), Rideau River, NCC pathways along the Ottawa River & more! Picture perfect curb appeal with reclaimed bricks and front balconies for each unit. INCOME & EXPENSE STATEMENT available upon request. Do not miss the chance to add this property to your real estate portfolio. Call today for a private viewing.

Features

  • House Style:Fourplex
  • Bathrooms:8
  • Land Size: 53 X 99
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Rideau and King Edward.
  • Basement:None , None
  • Possession Date:Flexible
  • Annual Property taxes: $17768.45
  • Bedrooms:24
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12844160

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