1008 St. Laurent Boulevard Ottawa, Ontario K1K 3B4
$1,199,000
6.85% Cap Rate- Turnkey 5-Unit Semi- Detached Multiplex that has been Fully Renovated with Strong Cash Flow! An exceptional investment opportunity awaits, offering $400,000 in recent capital improvements from top to bottom. 2- 2 Bedroom, 1- 1Bedroom 1- Studio + Den & 1- Studio. The property has been thoughtfully upgraded from the roof, insulation, electrical, plumbing, kitchens, bathrooms, flooring and soo much more making this a truly turnkey asset for any investor. Each unit has been modernized with quality finishes, ensuring long-term durability and tenant appeal. Major systems, interiors, and exterior elements have all been addressed, minimizing future maintenance costs. With a Net Operating Income of $82,196, this property offers a solid return in a market where stability and performance matter. Landlord covers all utilities except for laundry & internet. Whether you're expanding your portfolio or entering the multi-family space, this is an investment you won't want to miss. 1,900SF.FT. of Parking. Investment Package Available with Rent Role & Capital Improvements. Zoning code:AM10(2199)AM10(1211)5228 (id:37072)
Property Details
| MLS® Number | X12351143 |
| Property Type | Multi-family |
| Neigbourhood | Rideau-Rockcliffe |
| Community Name | 3502 - Overbrook/Castle Heights |
| AmenitiesNearBy | Public Transit |
| CommunityFeatures | Community Centre |
| Features | Flat Site, Carpet Free, Sump Pump |
| ParkingSpaceTotal | 7 |
| Structure | Deck |
Building
| BathroomTotal | 5 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 6 |
| Appliances | Water Heater, Stove, Refrigerator |
| BasementDevelopment | Finished |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a (finished) |
| ConstructionStatus | Insulation Upgraded |
| ExteriorFinish | Aluminum Siding, Brick |
| FoundationType | Poured Concrete, Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2500 - 3000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 124 Ft |
| SizeFrontage | 34 Ft |
| SizeIrregular | 34 X 124 Ft |
| SizeTotalText | 34 X 124 Ft |
| ZoningDescription | Am10(2199)am10(1211)5228 |
Interested?
Contact us for more information
Brittany Saikaley
Salesperson
555 Legget Drive
Kanata, Ontario K2K 2X3
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August 27 2025 04:25:01
Ottawa Real Estate Board
Royal LePage Team Realty