Name: 1299 Dorchester Ave
Brand: KELLER WILLIAMS INTEGRITY REALTY
SKU: 1378344
Price: 1350880 CAD
Availability: InStock
Rating: 5 (1 reviews)

Ontario
Ottawa
1299 Dorchester Ave

CAD$1,350,880 Sale

1299 Dorchester Ave

Ottawa, Ontario, K1Z8E8

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Summary

ID1378344

StatusCurrent Listing

TypeResidential House,Fourplex

RoomsBed:0,Bath:0

Lot Size84.53 * 99.38 ft 84.53 ft X 99.38 ft

Land Size84.53 ft X 99.38 ft

AgeConstructed Date: 1960

Listing Courtesy ofKELLER WILLIAMS INTEGRITY REALTY

Detail

Building

Basement DevelopmentFinished

Construction MaterialWood frame

Construction Style AttachmentAttached

Cooling TypeNone

Exterior FinishBrick

Fireplace PresentFalse

Fire ProtectionSmoke Detectors

Flooring TypeHardwood,Linoleum

Foundation TypeBlock

Heating FuelNatural gas

Heating TypeForced air

Stories Total2

Utility WaterMunicipal water

Basement

Basement TypeCommon (Finished)

Land

Size Total Text84.53 ft X 99.38 ft

Acreagefalse

AmenitiesPublic Transit,Recreation Nearby,Shopping

Current UseDevelopment residential

SewerMunicipal sewage system

Size Irregular84.53 ft X 99.38 ft

Parking

Oversize

Surfaced

Surrounding

Ammenities Near ByPublic Transit,Recreation Nearby,Shopping

Other

FeaturesBalcony

BasementFinished,Common (Finished)

FireplaceFalse

HeatingForced air

Remarks

Discover an exceptional investment opportunity at 1299 Dorchester Ave. This high income producing fourplex building comes with a fifth non-conforming unit, elevating its earning potential and cashflow. Positioned on a large 85 x 100 foot lot with R4U-C zoning, Nestled in a prime location ,close to amenities, schools, and transportation, it has consistent occupancy and strong rental demand. Perfect for investors seeking to expand their portfolio, its proven income generation and development possibilities make it an attractive purchase. High Net income of $64,079 with Cap Rate of 4.7%. Loads of development potential while keeping current building. Roof (2019), Furnace (2014). Contact us today for more information (id:22211)

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The listing data is deemed reliable but is not guaranteed accurate by Canada Real Estate Association nor RealMaster.

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