420 Bronson Avenue,West Centre Town, ON K1R 6J6
West Centre Town, ON K1R 6J6
Description
Prime 5-unit turnkey investment in the heart of Ottawa! Looking to grow your real estate portfolio with a high-performing asset? Look no further. This exceptional 5-unit income property, located in one of Ottawa's most sought-after corridors, is a rare find that delivers on every front. The property generates an impressive $84,792 per year in gross income, with a solid net operating income of approximately $66,712 before debt service. Whether you're a seasoned investor or buying your first income property, this is a great opportunity offering both stability and growth potential. Just steps from Downtown Ottawa, vibrant Chinatown, and only minutes from the LRT station, this central and high-demand location ensures excellent tenant appeal and long-term value. Recent upgrades include a brand new driveway and hot water tank (2024), new eavestroughs and ice block grids (2023), full unit renovations between 2017 and 2020, and attic insulation with modern siding (20192020).The property also features five surface parking spots, easy access to OC Transpo, and is close to many walkable amenities, making it even more attractive to potential tenants and owners. This is a smart, strategic investment with modern updates, strong cash flow, and a prime location. Don't miss out properties like this don't last long!
Details
| MLS# | X12127994 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Days On Site | 37 |
| Listing Provided By | RIGHT AT HOME REALTY | X12127994 501700 |
Features
| SQ Feet | 2,089 |
|---|---|
| Acreage | 0.05 |
Interior
| Cooling | No |
|---|
Exterior
| Community Features | Public Transit |
|---|
Taxes
| Property | 5878 |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Ottawa |
| City | West Centre Town |
| Postal Code | K1R 6J6 |
| Area | 4205 West Centre Town |
| Listing VS Median (in K1R 6J6) | |
Price: $1,250,000 low | high Med: $625,013 SqFt: 2,089 low | high Med: 1,572 $ / SqFt: $598 low | high Med: $299 On site: 37 low | high Med: 70.000000 | |