New Edinburgh - Lindenlea, ON K1M 1P2,187-189 STANLEY AVE

$1,900,000

$2,100,000

9.5%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 05/01/2024

Key Details

Sold Price $1,900,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Subdivision 3301 - New Edinburgh

MLS Listing ID X9427992

Annual Tax Amount $14,887

Tax Year 2023

Property Sub-Type Fourplex

Property Description

Flooring: Tile, Flooring: Hardwood, Newly built, Turnkey Investment Property in PRIME New Edinburgh LOCATION. Opportunity knocks with this legal FOURPLEX in PREMIUM location, backing onto Stanley Park, steps to the River, Beechwood walking district, Embassies, close to Global Affairs & the Byward Market. This unique back-to-back double boasts TWO spacious 2-storey, 3 bedroom, 3 bath units, and TWO 2 bedroom, 1 bath lower units, totalling FOUR luxury units. Low maintenance, designer finishes throughout and featuring fireplaces, quartz countertops and LED lighting. Fully occupied. Don't miss out on this opportunity. Some photos have been virtually staged. Gross rents $125,400, NOI $102,013, cap rate 4.86%

Location

Province ON

County Ottawa

Community 3301 - New Edinburgh

Area Ottawa

Zoning R4UD

Interior

Cooling Other

Exterior

Parking Features None

Building

Foundation Concrete

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Listed by ROYAL LEPAGE PERFORMANCE REALTY

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Chaudhry Nadeem

Chaudhry Nadeem

REALTOR®

+1(416) 907-4533

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