Property in Overbrook/Castle Heights

278 DONALD Street , Ottawa

Details

Property ID
1219111
Status
Sold
Property Type
Apartment 5+ Units
Lot Size
50.00 X 116.75 Ft.
Parking Spaces
4
Taxes
$7,972 (2019)
Basement
Fully Finished Full
Air Conditioning
None
Heating Type
Radiant

Description

Unique property that has 14 bachelor units with another two units that share accommodations. Huge income that comes with a 7.34 % cap rate. Perfect for the investor looking to get a good return for the invested dollar. 24 hours notice for showings and 24 hours irrevocable on all offers. The Gross rent as of Dec 1, 2020 will be $157,320. Rents are all inclusive including Gas, Water, Hydro and Cable. The Buyer to do their own due diligence with this property. Please note zoning has recently changed from R4N to R4UC. With the current lot size you are allowed to have 9+ units and can build up to 11 metres in height. ...

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Location of the Property

278 DONALD Street, Ottawa, Ontario K1K 1M7

Nearby Schools and Ratings

Source: Ontario school information and student demographics - grade 3 and 6 EQAO student achievements for reading, writing and mathematics, grade 9 EQAO academic and applied student achievements, grade 10 OSSLT student achievement | Open Government Licence - Ontario
Disclaimer: The property is not necessarily in the boundary of the schools shown above. There may be other, closer schools available that are not listed in the source, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board's website.
For further information and school ranking visit Fraser Institution and EQAO.

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More About 278 DONALD Street

278 DONALD Street is a Commercial Property located in the city of Ottawa. 278 DONALD Street has been listed For Sale at $1,589,900 since Nov 17 2020. This Apartment 5+ Units property . Situated in Overbrook/Castle Heights neighbourhood

Listing Brokerage: RE/MAX HALLMARK REALTY GROUP