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Home ON Ottawa - Gatineau Ottawa Hunt Club Upper -Blossom Park - Timbermill
1422 GOTH AVENUE
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1422 GOTH AVENUE $1,200,000
5 days ago
$1,200,000
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1422 GOTH AVENUE
Ottawa, Ontario K1T1E4

MLS® Number: 1399101

Listing Description

Introducing a prime investment opportunity! This investment property offers 5 apartment units and is situated on a spacious 100x100 lot in a highly sought-after location. This property also holds great potential for development or as a long-term investment. Its versatile nature allows for various possibilities, making it an ideal choice for investors looking to maximize their returns. The property's advantageous location offers convenience and accessibility. It is in close proximity to parks, public transit options, Walmart, South keys shopping center, and schools. This makes it an attractive choice for potential tenants, ensuring a steady stream of rental income. To further sweeten the deal, the owner is offering a vendor take-back mortgage (VTB) for $1,000,000 at a competitive interest rate of 5%. This presents a favourable financing option for interested buyers, making the investment even more enticing. Don't miss out on this exceptional investment opportunity in Ottawa. (28501549)

Property Summary

Property Type
Multi-family
Storeys
2
Neighbourhood Name
Blossom Park
Title
Freehold
Land Size
97 ft X 105 ft
Built in
1968
Annual Property Taxes
$7,496
Total Parking Spaces
5
Time on REALTOR.ca
5 days

Building

Building Features
Foundation Type
Poured Concrete
Total Units
5
Heating & Cooling
Heating Type
Forced air (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Siding
Maintenance or Condo Information
Maintenance Management Company
n/a -
Parking
Total Parking Spaces
5

Land

Lot Features
Frontage
97 ft
Land Depth
105 ft
Other Property Information
Zoning Description
R4Z
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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