324 CURRELL Avenue, WestboroHamptonPark, ON K1Z 7J6 (Churchill Ave.)

Price : $2,650,000.00 , MLS®# : X12256609

Description

LOCATION LOCATION! Modern Newer Built (2013) 8 unit complex in the sought after Westboro/Hampton Park community 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. 2024 NOI $119,483 and CAP 4.5%; 2025 NOI $129,495.11 and CAP 4.9%; 2026 NOI $137,767.80 and Cap 5.2% (based on recent turnovers and standard rental increases of 2.5%). Assumable CMHC mortgage @4.5% if needed- matures May 2029.

Location Description

Churchill Ave.

Property Details
  • Community: 5003 - Westboro/Hampton Park
  • Property Type: Tenant/Commercial
  • Garages: None
  • Annual Property Taxes : $ 22559
Building Features
  • Parking Type : None
Building Features
  • Heating : Gas Forced Air Open
  • Sewer : Sanitary ,
Land (Lot Features)
  • Frontage: 50 sq.ft
  • Land Depth: 100sq.ft
  • Square Footage : 0

Listing Contracted With: RE/MAX HALLMARK REALTY GROUP