$1,699,000
 $9,121 est/mo Sourced by Back At You

329 Richelieu Avenue,Ottawa, ON K1L6J7

Ottawa, ON K1L6J7

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Description

Perfect turn-key investment opportunity in a prime location just minutes from downtown Ottawa and the University of Ottawa! This fully rented, well-maintained corner property features seven bright and spacious units: 4 two-bedrooms, 2 one-bedrooms, and 1 bachelor making it an ideal addition to any investor's portfolio. The building is in excellent condition with high-quality tenants and strong rental income. Units 1 and 2 were fully renovated in April 2024, while Units 3 and 6 were updated within the past few years. The remaining units are also in very good condition. Common areas include coin-operated laundry and a rear patio for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. Walking distance to transit, shopping, restaurants, and everything this vibrant community has to offer, this property is a smart and reliable investment. (id:13843)

Details

MLS#X12070226
Listing TypeFor Sale
StyleTown House
StatusActive
Days On Site21
Listing Provided ByRE/MAX HALLMARK SAM MOUSSA REALTY | SAM MOUSSA

Features

SQ Feet3,620
ZoningR4UA
Acreage42.45
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 CREA. All Rights Reserved.

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Listings Checked: 32 seconds ago
ProvinceON
CityOttawa
Postal CodeK1L6J7
Listing VS Median (in K1L6J7)
Price:
$1,699,000
low | high
Med:
$1,699,000
50% of Average
SqFt:
3,620
low | high
Med:
3,620
50% of Average
$ / SqFt:
$469
low | high
Med:
$469
50% of Average
On site:
21
low | high
Med:
21.000000
100% of Average
Sourced by Back At You
Listing Updated: April 22, 2025 at 5:03:42 PM PDT