324 Currell Avenue, Ottawa, Ontario K1Z 7J6 (27764306)
324 Currell Avenue Ottawa, Ontario K1Z 7J6
$2,650,000
MODERN 8-UNIT COMPLEX Newer Built (2013) 8 unit complex in the beautiful sought after Westboro/Hampton Park area of Ottawa. Complex consists of 2 x one bedroom and 6 x two bedroom units all with top end finishes including granite counter tops, hardwood floors and stainless steel appliances. Each unit has access to an outdoor space (balcony/entrance), large bedrooms and plenty of natural light. Storage for garbage, recycling and composting available for tenants. Complex is low maintenance with A+ tenants. Lots of room for future rental increases with tenant turnover. Don't miss out on this great investment opportunity. 2024 NOI $119,483 and CAP 4.5%; 2025 NOI $131,692 and CAP 5.0%; 2026 NOI $139,024 and Cap 5.3% (based on recent turnovers and standard rental increases of 2.5%). Assumable CMHC mortgage @4.5% matures May 2029. (id:47824)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X11906101 |
| Property Type | Multi-family |
| Neigbourhood | Laurentian View |
| Community Name | 5003 - Westboro/Hampton Park |
| Amenities Near By | Public Transit, Recreation |
| Parking Space Total | 4 |
Building
| Age | 6 To 15 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 5610 Sqft |
| Size Interior | 5610 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | Bldg=50 X 100 Ft ; 0 |
| Size Total Text | Bldg=50 X 100 Ft ; 0 |
| Zoning Description | R4uc |
https://www.realtor.ca/real-estate/27764306/324-currell-avenue-ottawa-5003-westborohampton-park
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Shelley Callaghan
Salesperson
www.movemeshelley.com/
www.facebook.com/getmeanewhome
2255 Carling Avenue, Suite 101
Ottawa, Ontario K2B 7Z5
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May 21 2025 06:32:42
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group