52 Ontario Street

Overbrook | Ottawa, ON

$1,875,000

Purpose Built 4 unit income

 Overbrook 4 Unit

You will not have a problem getting tenants for this location in Overbrook . Providing an active lifestyle location in Overbrook situated near the Ottawa Sports Club, Rideau River, and parkland. Purpose built 4 unit income property with one unit per floor. NET OF $94,716.75.

Lot is 39.95 ft x 99.75 ft

Income (2024) - $116,520 annually (leases of 2800, 2560, 2400, 1950) $9,710.00 per month

Expenses (2024)

  • Property tax - $11,054.46
  • Insurance - $2403
  • HWT Vista - $445.56
  • Snow and Lawn - $650 annually
  • Amounts in 2023 as follows:
  • Hydro 2985
  • Gas 3096
  • Water 1169.23

As of July 2024 – 3 of 4 tenant groups pay gas and hydro.  Landlord pays gas and hydro for 1 unit and water for building.

Total expenses approx.  are $21.803.25

Net of 94,716.75 approx.

Teskey/Cartwright 613.859.6599

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