613-983-1732 direct

613-725-1171 office

5931 PERTH STREET
Ottawa, Ontario K0A2Z0

$3,565,000

ID# X11228242

Baseboard heaters

Welcome to Richmond, the fast developing rural suburb of Ottawa in the heart of the Greenbelt. This is an incredible opportunity to invest in the residential rental property in the heart of Richmond at a a fair price. This property consists of 16 x one bedroom apartments of various sizes, average rent is $1,182/month, meaning there is significant upside potential. The owner has been renovating units as they become available, however there are a number that still need upgrading. The building is built on a slab so all units are direct walk-in and could easily be converted to a seniors residence. Unit sizes vary from 500sq ft to close to 800sq ft which provide potential to add a second bedroom and higher rents. The owner has also installed coin op washer and dryers plus a reverse osmosis water system that sells bottled water for additional income. Another feature is that the property enjoys a residential tax rate that is far lower than comparable properties. Units are electric heat and tenants pay their own electric bills and . In considering this property, buyers should be aware that the property is slightly larger than an acre and given it's corner location on the main street of Richmond, it could provide the cornerstone of a land assembly. Property has been owner managed for 27yrs and all maintenance issues are dealt with promptly. (id:25961)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of RE/MAX HALLMARK SAM MOUSSA REALTY

Listed on: November 27, 2024

On market: 3 days

Heating Type	Baseboard heaters

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LOOKING FOR SOMETHING SPECIFIC? LET ME KNOW AND I'LL FIND IT FOR YOU

Daniel Warchow

Broker

Cell: 613-983-1732

Royal LePage Team Realty Brokerage

1723 Carling Avenue

Ottawa, ON K2A 1C8

Office: 613-725-1171

Cell: 613-983-1732

danielwarchow@royallepage.ca

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5931 PERTH STREET Ottawa, Ontario K0A2Z0

Baseboard heaters

YOU MIGHT ALSO LIKE THESE LISTINGS

1304 AVENUE P AVENUE Ottawa $814,900 Beds: 3 Baths:3 Sq Ft:ArrayJ.F. PERRAS

380 FISHER STREET North Bay $750,000 Beds: Baths: Sq Ft:ArrayBROOKE KELLY-SIPES

1303 HILLY LANE North Grenville $757,000 Beds: 3 Baths:1 Sq Ft:ArrayLINDA WILLIAMS | Broker

1564 SCOTTANNE STREET Ottawa $1,099,000 Beds: 5 Baths:3 Sq Ft:ArrayCHANTAL MAHER

534 COUNTY RD 1 ROAD Elizabethtown-Kitley $599,000 Beds: 3 Baths:3 Sq Ft:ArrayLISA ANNE BRENNAN-TRUDEL

265 BOURDEAU BOULEVARD The Nation $731,540 Beds: 4 Baths:2 Sq Ft:ArrayMATHIEU FOURNIER

1201 - 1140 WELLINGTON STREET W Ottawa $2,025 Beds: 1 Baths:1 Sq Ft:ArrayADAM TAGGART | Sales Representative

12 - 310 CATHCART STREET Ottawa $699,000 Beds: 3 Baths:3 Sq Ft:ArrayBEA TEIXEIRA

1103 - 200 INLET Ottawa $499,000 Beds: 1 Baths:1 Sq Ft:ArrayJEFFREY USHER

1564 Scottanne Street Ottawa $1,100,000 Beds: 4 Baths:3 Sq Ft:JEFFREY USHER

604 - 309 CUMBERLAND STREET Ottawa $308,800 Beds: 2 Baths:2 Sq Ft:ArrayKERRY MILLICAN | Sales Representative

3695 FRONT ROAD East Hawkesbury $1,175,000 Beds: 4 Baths:3 Sq Ft:ArraySHARON FORBES

2584 WOODS STREET Clarence-Rockland $2,150,000 Beds: 2 Baths:2 Sq Ft:ArrayANGELO TOSCANO

303 - 203 CATHERINE STREET Ottawa $579,900 Beds: 2 Baths:2 Sq Ft:ArrayBRAD J. LAMB

18561 COUNTY 43 ROAD North Glengarry $579,000 Beds: 3 Baths:2 Sq Ft:ArrayBIJU GEORGE | Broker

306 - 224 LYON STREET Ottawa $399,000 Beds: 1 Baths:1 Sq Ft:ArrayTIANYING ZHENG

22 STROUGHTON CRESCENT Ottawa $759,900 Beds: 4 Baths:0 Sq Ft:ArrayJAMES ANGUS

721 BAYVIEW DRIVE Ottawa $354,900 Beds: 3 Baths:2 Sq Ft:ArrayKIM POULIN | Sales Representative

201 - 30 CHARLEVOIX STREET Ottawa $399,900 Beds: 2 Baths:2 Sq Ft:999.992 - 1198.9898 sqftTRAVIS GORDON

2710 DRAPER AVENUE Ottawa $619,900 Beds: 2 Baths:3 Sq Ft:ArrayDEREK NZERIBE

11 NEW HAVEN GATE Westport $1,099,000 Beds: 6 Baths:3 Sq Ft:ArraySTEPHANIE MOLS

45 BERGERON Ottawa $415,000 Beds: 1 Baths:1 Sq Ft:ArrayJEN DONNELLY

202 OAK STREET Bonnechere Valley $365,000 Beds: 2 Baths:1 Sq Ft:ArrayTHOMAS MOREL

2253 PARK STREET E Edwardsburgh/Cardinal $1,150,000 Beds: 3 Baths:3 Sq Ft:ArraySHARON JORDAN

2786 HIGHWAY 34 Champlain $1,250,000 Beds: 5 Baths:5 Sq Ft:ArrayCEDRICK GAUTHIER