Welcome to this exceptional investment opportunity in the heart of Ottawa Centre! This multi-unit income property features 4 + 1 units. One studio, three 1-bedroom apartments and one 2-bedroom apartment. The gross yearly income is $115,764 with a net income of $92,954 for 2024. Perfect for investors seeking strong rental income and long-term growth potential in a highly desirable location with a 98% walk-score and a 100% bike score, with a bus stop less than a 2-minute walk away. It is close to all amenities, transit and downtown conveniences. (id:4069)
Address
222 ARGYLE AVENUE
List Price
$1,599,000
Property Type
Multi-family
Type of Dwelling
Other
Transaction Type
Sale
Area
Ontario
Sub-Area
Ottawa
Bedrooms
5
Bathrooms
5
Floor Area
2500 - 3000 Sq. Ft.
Lot Size
25.2 x 99.9 FT Sq. Ft.
MLS® Number
X12577064
Listing Brokerage
ROYAL LEPAGE INTEGRITY REALTY
Basement Area
N/A (Finished)
Postal Code
K2P1B9
Zoning
R5B[854] H(19)
