LOADING

72 Pretoria Avenue Ottawa, Ontario K1S 1W9

5000 sqft
None Radiant Heat, Hot Water Radiator 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:37072)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X13719870
Property Type Multi-family
Community Name 4402 - Glebe
AmenitiesNearBy Highway, Public Transit
EquipmentType Water Heater
RentalEquipmentType Water Heater

Building

Appliances Dryer, Water Heater, Washer
CoolingType None
HeatingFuel Natural Gas
HeatingType Radiant Heat, Hot Water Radiator Heat
SizeExterior 5000 Sqft
SizeInterior 5000 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway, Public Transit
SizeDepth 100 Ft ,1 In
SizeFrontage 40 Ft
SizeIrregular Bldg=40 X 100.15 Ft
SizeTotalText Bldg=40 X 100.15 Ft
ZoningDescription R4s

https://www.realtor.ca/real-estate/30205912/72-pretoria-avenue-ottawa-4402-glebe

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Mathieu Bedirian
Salesperson


RE/MAX Hallmark Realty Group
4366 Innes Road
Ottawa, Ontario K4A 3W3

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