2491 Cléroux Cres - Apartments FOR SALE


Ottawa, ON K1W 1A1- East Central
$3,100,000 CAD
416-955-0000
2491 Cléroux Cres, Ottawa, ON for Sale
$3,100,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

2491 Cléroux Cres
Ottawa, ON K1W 1A1
East Central


HIGHLIGHTS

  • 20 mintues east of Downtown Ottawa
  • Turnkey rental opportunity
  • 40% rental upside
  • Situated on a large lot of land
  • Approximately 4.75% cap rate on in-place financials

OVERVIEW

Avison Young has been mandated to advise and manage the sale of 2491 Cleroux Cres., Ottawa, ON. This is an exceptional opportunity to acquire a renovated turnkey asset in an established rental market. - Total of 11 residential rental units - 7/8 townhomes fully renovated - Approximately 4.75% cap rate on in-place financials - 20 minute drive to Downtown Ottawa

FOR SALE DETAILS

PRICE

$3,100,000 CAD

PRICE/SF

$103 CAD /SF

# OF UNITS

11

PRICE/UNIT

$281,818

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,588 SF

ZONING

R1

APN/PARCEL ID

061460021421100

ASK ABOUT THIS PROPERTY

Jonathan HittnerAvison YoungMore Info
416-955-0000

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Jonathan HittnerAvison YoungMore Info
416-955-0000

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