A 5-year-old purpose-built 8-unit apartment building with fully furnished open-concept units, including six 2-bedroom and two 1-bedroom apartments. The property is located close to Montfort Hospital, amenities, and shopping just off Beechwood Ave., near Rockcliffe Park and within walking distance to the Rideau River, offering year-round recreational activities including skating, cross-country skiing, snowshoeing, walking, cycling, swimming, tennis, rowing, and sailing. Gross yearly rent = $231,122.28. Individual rents are as follows: (1) $2,190, (2) $2,500, (3) $1,950, (4) $2,357.50, (5) $2,639.38, (6) $2,610.81, (7) $2,450, (8) $2,562.50. Expenses include taxes: $26,712, hydro: $5057, water: $4,108, gas: $12,263, maintenance: $11,140, management: $8,784, insurance: $6714, advertising: $1,116, Admin $557, Structrual Reserve Allowance $4,562, Total yearly expenses = $81,017. In Financial Information, under Other Expenses, $6,236 is a combination of advertising ($1,116) plus administration ($557) and Structrual Reserve Allowance $4,562 (id:47824)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X12003657 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Community Name | 3402 - Vanier |
| Appliances | Dishwasher, Dryer, Furniture, Water Heater, Microwave, Stove, Washer, Refrigerator |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 5800 Sqft |
| Size Interior | 5800 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 99 Ft ,10 In |
| Size Frontage | 39 Ft ,11 In |
| Size Irregular | Bldg=39.92 X 99.85 Ft ; 0 |
| Size Total Text | Bldg=39.92 X 99.85 Ft ; 0 |
| Zoning Description | Tm8 H(15) |
https://www.realtor.ca/real-estate/27988009/12-jolliet-avenue-ottawa-3402-vanier
Contact us for more information
Brad Closs
Broker
Saeideh Shabani
Salesperson
Bill Meyer
Salesperson