Properties

15 Fifth Av - Ottawa, Ontario - THE GLEBE

$1,250,000
A_656565-1 A_656565-2 A_656565-3 A_656565-4 A_656565-5 A_656565-6
A_656565-1 A_656565-2 A_656565-3 A_656565-4 A_656565-5 A_656565-6
GLEBE INCOME PROPERTY:

Please call listing agents to book all appointments and receive guidelines around showings and health protection for all.
A great location just steps to the Canal this property is a ideal owner live in or keep as an income The property has huge potential for several different uses.Turn back to a single - live in and have income- use as an investment property- this investment income property is ideal for your portfolio in any times. 3 units will provide you a safe future investment with a present net of approx $51,864.00 Used for short term rentals previously and available furnished. Excellent tenants in place in 2 of the units- one is vacant Tenants would like like to stay - leases may be gotten. Turn key situation with Fire Retrofit .

Expenses as a rental
Heat 3,200.
Hydro 1,500.
Water 1,100.
taxes 8,154.96
Insurance 2,761.56
Cable and Phone 2,160.( this is for the short term rentals for the entire building - included in the rent - but if used as long term leases this can change.

Total $18,876.00

Total $18,876

Rental Income

Total $70,740.00- $76,740.00 with main floor rent at past rent of $2,500.00 Furnished )

Apt 1 ( main floor ) $2,000.00 per month month to month -was $2,500.00 short term )term.

Apt 2 ( 2nd and 3rd floor)Vacant and estimated at $2,500,00 but set your own rent.

Apt 3 ( basement) Furnished $1,395.00 month to month,

Present tenants may wish to stay with lease if possible now on month to month.

Rent includes all utilities and parking.

Net $51,864.00
Net would be higher if used as a long term rental with cable and internet being paid by tenant. Main floor was a higher rent as well as a short term.

Dimensions

Room: Size: Level:
Apt 1 1st Floor
Ground floor unit presently rented at 2000 a month - normally $2,500 with short term furnished rental but present tenant wanted to stay longer - 1-2 years so reduced rental
Livingroom 1st Floor
Eat in Kitchen 1st Floor
Bedroom 1st Floor
Bathroom 1st Floor
Den 1st Floor
Office 1st Floor
Second and Third floor Apartment 2nd Floor
Two Level unit: Furnished rental - was $2,500.00 p.m. on short term - on two floors and presently vacant.
Living/Diningroom 2nd Floor
Kitchen 2nd Floor
Master Bedroom 2nd Floor
Ensuite Bathroom 2nd Floor
Jacuzzi tub and separate shower
Bedroom 3rd Floor
Bathroom 3rd Floor
Basement Flat Basement
Great Bachelor apartment with income of $1,395 per month furnished.
Livingroom/Bedroom Basement
Bathroom Basement
3pc
Laundry Basement
Common use
Garage Other
2 car with lots of storage area
Yard 1st Floor
Pretty terrace with interlocking pathway - mature flower beds.

General Information & Features

Bedrooms: 6
Bathrooms: 3
Parking: 3
Lot Size: 30 x 103
Heat: HWG
A/C: central
Taxes: $8,155

Inclusions

Please have clients drive or walk around the property. Do not engage the tenants or try to gain access without permission or without an agent. If you would like to book a showing or for questions please call Julie or Stephanie directly. 613.859.6599 613.296.6708 Covd-19 Questionnaire must be completed and emailed to julie@teskey.com prior to showings. Due to COVID-19, all showings are restricted to a maximum of 2 clients, no children. No overlapping appointments call use for more information on showings.Please use protective measures including gloves and sanitizer. Do not turn off lights and agent to open any doors or closets for the buyer. No children. Thank you and stay safe.
Only the second floor apartment will be available for viewings without an offer in place.


3 fridges, 3 stoves, 3 micro waves

HOt water tank rented.