637 Cummings Ave - Apartments FOR SALE


Ottawa, ON K1K 2K6- East Central
$5,300,000 CAD
613-288-1999
637 Cummings Ave, Ottawa, ON for Sale
$5,300,000 CAD
Apartments - FOR SALE
1/2
null | 3.81% Cap Rate

637 Cummings Ave
Ottawa, ON K1K 2K6
East Central


OVERVIEW

This income-generating investment property features 19 fully occupied units, ensuring immediate and stable cash flow. The building offers tenants access to an on-site laundry facility, adding convenience and boosting tenant satisfaction. With strong operating income and high occupancy, this is a turnkey opportunity for any investor looking to expand their portfolio.

FOR SALE DETAILS

PRICE

$5,300,000 CAD

PRICE/SF

$217 CAD /SF

# OF UNITS

18

PRICE/UNIT

$294,444

CAP RATE

3.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cummings Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1958

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

R4

APN/PARCEL ID

061401050247800

ASK ABOUT THIS PROPERTY

Pierre RochetteColdwell Banker Commercial Sarazen RealtyMore Info
613-288-1999

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Pierre RochetteColdwell Banker Commercial Sarazen RealtyMore Info
613-288-1999

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