370 Belisle Street

Vanier and Kingsview Park, 3404 - Vanier

Description

Exceptional investment opportunity in the heart of Vanier this purpose-built, all-brick six-unit apartment building offers a desirable unit mix of five 2-bedroom units and one 1-bedroom unit. Ideally located just off McArthur Avenue, the property is within walking distance to St. Laurent Shopping Centre, public transit, schools, and amenities, making it highly attractive to quality tenants. The property is professionally managed and currently generates a gross annual income of just over $98,000. With all units rented below current market rates, there is significant upside potential as units turn over. Situated on an impressive lot of over 12,000 sq. ft., the property offers potential for future development or expansion (buyer to verify with the City of Ottawa).With strong management already in place, this is a turn-key investment for the next owner seeking stable cash flow and long-term growth potential. Contact the listing agent for a detailed rental pro forma and insured financing scenario.

This multiplex home located at 370 Belisle Street, Vanier and Kingsview Park, ON K1L 6V2 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$1M. It has 11 beds, 6 bathrooms, and is 3500-5000 square feet. The property is N/A years old. 370 Belisle Street, Vanier and Kingsview Park, ON K1L 6V2 is in Vanier and Kingsview Park neighborhood 3404 - Vanier.