403 PEACH TREE LANE, Ottawa, Ontario
$1,369,000
Turnkey triplex with significant upside. An additional third floor can be added under the current zoning and drawings for three additional bachelor units have been completed. The flat roof allows you to easily convert the property into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on the main level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional $275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rate of 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided for those interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs notice for showings due to tenants & 24 hrs irrevocable on all offers; as per form 244. Additional inclusions: 2 light fixtures in the basement. (id:56241)
- Listing ID: 1389135
- Property Type: Multi-family
- Year Built: 1959
Schedule a Tour
Schedule Private Tour
Are you looking for a private viewing? Schedule a tour with one of our Ontario real estate agents.
Match your Lifestyle with your Home
Let us put you in touch with a REALTOR® who specializes in the Ontario market to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let one of our Ontario real estate agents help you find a property to match your lifestyle.
Listing provided by RARE REAL ESTATE INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 403 PEACH TREE LANE in Ottawa Ontario. It was last modified on October 22nd, 2024. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.