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)
| MLS® Number | X12453921 |
| Property Type | Retail |
| Neigbourhood | Sandy Hill |
| Community Name | 4004 - Sandy Hill |
| Appliances | Freezer, Hood Fan, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 4706 Sqft |
| Size Interior | 4,706 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
| 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
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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