1422 Goth Av - Apartments FOR SALE


Ottawa, ON K1T 1E4- East Central
$1,250,000 CAD
613-596-5353
1422 Goth Av, Ottawa, ON for Sale
$1,250,000 CAD
Apartments - FOR SALE
1/24
null | 5.12% Cap Rate

1422 Goth Av
Ottawa, ON K1T 1E4
East Central


OVERVIEW

Incredible opportunity for investors and new Canadians alike! This fourplex with an additional in-law suite offers strong income potential and sits on a huge 97' x 105' lot in the heart of Blossom Park, serviced by municipal water and sewer. Ideal for those with cash on hand but difficulty securing traditional financing—vendor take-back (VTB) available up to $1 million on a first mortgage. Also perfect for investors seeking land to redevelop into a high-density multi-unit complex under R4Z(1078) zoning. Live in the main residence and enjoy $90,000 in gross rental income (including the main unit), with expenses of approximately $26,000, generating a net operating income of $64,000. Whether you're looking to invest, redevelop, or live and earn, this property offers endless possibilities. Bring your vision—this is your chance to create something remarkable.

FOR SALE DETAILS

PRICE

$1,250,000 CAD

PRICE/SF

$191 CAD /SF

# OF UNITS

4

PRICE/UNIT

$312,500

CAP RATE

5.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

k! R4Z(1078)

APN/PARCEL ID

043400328

ASK ABOUT THIS PROPERTY

Moe McilwainRe/Max Hallmark Realty GroupMore Info
613-596-5353

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Moe McilwainRe/Max Hallmark Realty GroupMore Info
613-596-5353

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.