ON > Vanier And Kingsview Park > 3402 - Vanier
Vanier And Kingsview Park, ON K1L 5H5,12 JOLLIET AVE
Vanier And Kingsview Park, ON K1L 5H5,12 JOLLIET AVE
Vanier And Kingsview Park, ON K1L 5H5,12 JOLLIET AVE
Vanier And Kingsview Park, ON K1L 5H5,12 JOLLIET AVE
Vanier And Kingsview Park, ON K1L 5H5,12 JOLLIET AVE
Vanier And Kingsview Park, ON K1L 5H5,12 JOLLIET AVE
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 2,999,000
Est. payment | /mo

5,800 SqFt

Save
$ 2,999,000
Est. payment | /mo
Save

5,800 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5,800 sqft

Price per Sqft $517

Subdivision 3402 - Vanier

MLS Listing ID X12003657

Annual Tax Amount $26,712

Tax Year 2024

Property Sub-Type Investment

Property Description

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 = $228,145.56. Individual rents are as follows: (1) $2,190, (2) $2,500, (3) $1,950, (4) $2,300, (5) $2,575, (6) $2,547.13, (7) $2,450, (8) $2,500. 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

Location

Province ON

County Ottawa

Community 3402 - Vanier

Area Ottawa

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 39.92

Lot Depth 99.85

Listed by RE/MAX HALLMARK REALTY GROUP
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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