60-62 Barrette Street Ottawa, Ontario K1L 8A5
$999,000
INVESTORS TAKE NOTICE! +$78K GOI/+$63K NOI. Perfectly located in the thriving neighbourhood of Beechwood Village on a CORNER lot boasting R4 COMMERCIAL ZONING. The property comprises three units - a fully renovated 3-bedroom townhome, a commercial unit currently leased as a popular take-out restaurant & quaint cafe and a 2-bedroom apartment. The vacant townhome, newly renovated, offers a prime opportunity for owner-occupation or tenant selection at market rent (approx. $2700). Steps away from all the amenities that one could ever want and in a coveted neighborhood undergoing incredible gentrification, acquiring this property ensures future appreciation. GOI of over $78K (incl. projected rent). Lots of structural and mechanical work done + SO MANY OPTIONS FOR THE FUTURE! Additionally, savvy investors can explore acquiring two neighboring multi-family properties, PRESENTING A VALUABLE LAND ASSEMBLY OPPORTUNITY on a CORNER lot with R4E-c zoning for future development. (id:50133)
Property Details
| MLS® Number | 1370538 |
| Property Type | Retail |
| Neigbourhood | Beechwood Village |
Building
Land
| Acreage | No |
| SizeDepth | 99 Ft |
| SizeFrontage | 33 Ft |
| SizeIrregular | 33 Ft X 99 Ft |
| SizeTotalText | 33 Ft X 99 Ft |
| ZoningDescription | R4e-c |
https://www.realtor.ca/real-estate/26320648/60-62-barrette-street-ottawa-beechwood-village
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Marcus Noel
Salesperson
485 Industrial Avenue
Ottawa, Ontario K1G 0Z1
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November 29 2023 09:11:25
Ottawa Real Estate Board
RE/MAX Core Realty Inc.