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$ 499,000
Est. payment /mo
New
111 Guigues AVE Lower Town - Sandy Hill, ON K1N 5H8
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 4001 - Lower Town/Byward Market
MLS Listing ID X12460694
Style 2-Storey
Bedrooms 7
Annual Tax Amount $9,362
Tax Year 2025
Property Sub-Type Triplex
Lot Depth 102.0
Lot Front 34.17
Property Description
A rare opportunity to rebuild in a sought-after location! Located in a vibrant and central area, this spacious triplex presents an excellent investment opportunity with strong rental income potential. Plans and city building permits are in hand to rebuild it more or less as it was, making this ideal for renovators ready to move quickly. Offering a total of seven bedrooms and three bathrooms across three well-configured units, it's an ideal addition to any investor's portfolio. The ground-level Unit 109 features three bedrooms and one bathroom, while the second level is home to two separate units. Unit 111 and Unit 107, each offering two bedrooms and one bathroom. The property is efficiently set up with three hydro meters, three water meters, and new owned boiler and hot water tank (Oct 2024). A full-height, unfinished basement provides ample storage space and potential for future development. Situated close to Ottawa's shops, cafés, and restaurants, this property benefits from excellent accessibility and strong tenant appeal. With operating income and expense details available upon request, this is a solid and versatile investment opportunity in one of the city's well-known and convenient locations. Offer presentation on October 21st at 8 pm. No conveyance of any written offers prior to October 21st at 8 pm.
Location
Province ON
County Ottawa
Community 4001 - Lower Town/Byward Market
Area Ottawa
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 3
Interior
Interior Features Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Flat
Lot Frontage 34.17
Lot Depth 102.0
Total Parking Spaces 3
Building
Unit Features Arts Centre,Public Transit,School,Rec./Commun.Centre
Foundation Concrete
Others
ParcelsYN Yes
Listed by RE/MAX HALLMARK REALTY GROUP
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