Properties

172 Fourth Ave - Ottawa, Ontario - THE GLEBE

$1,799,000
A_486878-1 A_486878-2
A_486878-1 A_486878-2
INCOME PROPERTY

No further showing till safe for the tenants-Please call fo r floor plan and an additional information

Wonderful location in the Glebe!
This is an excellent income generating property. Spacious units, one unit per floor, very well suited for owner live-in. Each suite has their own laundry and outdoor space. Hardwood floors, high ceilings. The building has been completely renovated including kitchens with quartz counters, brushed steel appliances and white shaker style cabinetry. The bathrooms are crisp, modern and have been tastefully redone. Windows (2017), doors (2017), re-wired (2017) with an ESA certificate available, flat roof (2017), insulation(2017), LED lighting (2017). Unit 1 is a 4 bedroom/2 bath and is rented at $3201. Unit 2 is a 3 bedroom/1 bath and is rented at $2495. Unit 3 is a 3 bedroom/1 bath and is rented at $2250. Large lot (50 x 103) with some nice perennial gardens.TOTAL RENT - GROSS $95,352.00
Net $78,923.00 Great parking, 2 private driveways. Garage.

Dimensions

Room: Size: Level:
MAIN FLOOR/BASEMENT 1st Floor
2 LEVELS 4 BEDROOM PLUS 2 BATHROOMS . all measurements are appox. Foyer with large coat closet, high ceilings, wood floor.
LIVINGROOM 15' X 14' 1st Floor
plus large lovely bay alcove
KITCHEN 12.3' X 17' 1st Floor
plus laundry closet- fully redone
BATHROOM 5.6' X 5' 1st Floor
4pc- fully redone
BEDROOM/FAMILYROOM 15.1' X 9' 1st Floor
door to deck and yard
MASTER BEDROOM 11.2' X 10' 1st Floor
walk in cc
WALK IN CLOSET 5.4' X 5' 1st Floor
BEDROOM Basement
BATHROOM Basement
plus additional laundry and storage in common basement area
SECOND FLOOR APRT 2 2nd Floor
wood floors redone and remodeled kitchen and bathroom. all measurements are approx.
LIVING ROOM 15.4' X 13.5' 2nd Floor
Large bay window alcove
DEN 10' X 7' 2nd Floor
door to front porch
KITCHEN 11.3' X 12.4' 2nd Floor
fully modernized . Laundry closet
BEDROOM 15' X 10' 2nd Floor
wall of closets
BEDROOM 13' X 10' 2nd Floor
DEN/NURSERY 9' X 6.5' 2nd Floor
BATHROOM 4PC 9' X 6' 2nd Floor
totally redone
DECK 2nd Floor
south facing
PORCH 2nd Floor
OFF FRONT ROOM DEN
THIRD FLOOR 2 bedroom PLUS DEN 3rd Floor
measurements are approx. wood floors- redone kitchen and bathroom - deck off kitchen - lovely apartment.

General Information & Features

Bedrooms: 2-3 bed
Bedrooms +: 1-4 bed
Bathrooms: 4
Parking: 3
Lot Size: 50 x 103
Heat: HWG
A/C: WINDOW UNIT
Taxes: $9,857

Inclusions

continue
Foyer: 9 x 8
Living room 12.2 x 12.7 with plus large window alcove
Kitchen: 12 x 11 plus Laundry closet.
Bedroom/den 9.6 x 7 irr
Bathroom 6 x 5 irr
Bedroom 14 x 14
Den 6.8 x 12 includes window alcov



Living room;
FACTS

EXPENSES
HEAT : 2,840.
TAXES; $9,840.00
INSURANCE $2,153.00
WATER/SEWAGE $1,579.

Total $16,429.00

rents

Main floor : 3 plus bedroom unit - main floor and part basement: rented at $3,201.00 per month plus hydro includes parking

SECOND FLOOR: APT 2 3 bedroom plus den rented at $2,495.00 per month plus hydro -includes parking

THIRD FLOOR APT 3: 2 bedroom plus den $2,250.00 plus hydro. per month-includes parking

TOTAL RENT - GROSS $95,352.00
Net $78,923.00