-12 JOLLIET Ave (Beechwood Avenue to Jolliet Av)

Price : $3,200,000.00 , Status : Sale , MLS®# : X12003657

Description

A 5-year-old purpose-built 8-unit apartment building with fully furnished open-concept units, including six 2-bedroom and two 1-bedroom apartments. The property is located close to Montfort Hospital, amenities, and shopping just off Beechwood Ave., near Rockcliffe Park and within walking distance to the Rideau River, offering year-round recreational activities including skating, cross-country skiing, snowshoeing, walking, cycling, swimming, tennis, rowing, and sailing. Gross yearly rent = $228,145.56. Individual rents are as follows: (1) $2,190, (2) $2,500, (3) $1,950, (4) $2,300, (5) $2,575, (6) $2,547.13, (7) $2,450, (8) $2,500. Expenses include taxes: $26,712, hydro: $4,680, water: $4,080, gas: $5,436, maintenance: $9,384, management: $8,784, insurance: $4,440, and advertising: $1,116. Total yearly expenses = $64,632.

Highlights

Property Details
  • Community: 3402 - Vanier
  • City: Vanier and Kingsview Park
  • Property Type: Commercial
  • Style: Investment()
  • Bath:
  • Garages: None ( Space)
Features
  • Heating: Gas Forced Air Closd ,