4,706 ft2
      
  
    
    
    
          Fully Air Conditioned
    
          Forced Air
    
    
    
      
  
      
    
    
    
    $2,399,900
  
  
  BEST VALUE IN OTTAWA, BUY A WHOLE BUILDING AND MAKE TONS OF MONEY WITH THIS CASH COW! Perfect opportunity to Owner-Occupy in one of Ottawas premier rental markets - Sandy Hill. This cornerstone opportunity can be the one that carries your entire portfolio, because the owner is able to offer a favourable VTB for qualified borrowers. With 20% down you can CASHFLOW OVER TEN THOUSAND DOLLARS/MONTH from day 1! Even better now because included is the sale of the business that NETs over 100k per year (VALUE of $300k +) This standalone building offers the main floor and basement restaurant / bar with over 3100 sq ft, as well as two 2-bedroom units totalling approx. 1560 sq ft. on the upper floors. NOI approx. 161k, which is a 6.7% CAP rate, which is almost impossible to beat in this area right now. Parking for up to 4 vehicles. Situated close to the Rideau Centre, U of O, Adawe Bridge, Access to 417, 48 hours notice for all showings, and 48 hours notice for all offers. (id:53622)
  
Property Details
    
    
        | MLS® Number | X12453921 | 
	
	        
            | Property Type | Retail | 
		
	        
            | Neigbourhood | Sandy Hill | 
		
	        
            | Community Name | 4004 - Sandy Hill | 
		
						
			    
Building
    
																														
			            
                | Appliances | Freezer, Hood Fan, Washer | 
		
																																															
			            
                | Cooling Type | Fully Air Conditioned | 
		
																																						
			            
                | Heating Fuel | Natural Gas | 
		
								
			            
                | Heating Type | Forced Air | 
		
																				
			            
                | Size Exterior | 4706 Sqft | 
		
								
			            
                | Size Interior | 4,706 Ft2 | 
		
																	
			            
                | Type | Residential Commercial Mix | 
		
														
			            
                | Utility Water | Municipal Water | 
		
						    
	Land
	
		
							
										
						| Acreage | No | 
											
										
						| Size Depth | 71 Ft | 
											
										
						| Size Frontage | 62 Ft | 
											
										
						| Size Irregular | Bldg=62 X 71 Ft | 
											
										
						| Size Total Text | Bldg=62 X 71 Ft | 
											
										
						| Zoning Description | R4s[480], Lc1[2262] | 
										
		
	
        
	
		                        
	                                                        https://www.realtor.ca/real-estate/28970784/244-246-laurier-avenue-e-ottawa-4004-sandy-hill