Ottawa, 1160 MERIVALE Road - For Sale, $3,599,000

$3,599,000 Sale

Listed 156 days ago

1160 MERIVALE Road

MLS® 1348668 Apartment 5+ Units

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Beds · 0

Baths · 0

Parking · 11

Sqft · -

Est. mortgage

$13,653/mo

Property Taxes

$35,938/yr

Key Facts

Key facts for 1160 MERIVALE Road

Property Type

Apartment

Parking

11 parking

MLS #

1348668

Size

Basement

Listed on

Lot size

59 x 128

Tax

$35,938 /yr

Days on Market

Year Built

Maintenance Fee

Description

Great investment opportunity with tons of upside potential! This well maintained, purpose built, 16 unit- 5 storey apartment building is Centrally located and walking distance to many amenities including the experimental farms, transit, dining and shopping. The building offers a mix of 4 bachelor ap...artments and 12 one bedroom apartments with an elevator, onsite fitness room , coin operated laundry facilities, and a total of 11 parking spots. Each unit is separately metered for hydro and has at least one balcony. Great upside potential to increase rental income by 50% on average Call today to ask for your investor package!

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Full Property Details

Interior

Heating Source

Baseboard

Heating Type

Electricity

Levels

Heating Source

Baseboard

Heating Type

Electricity

Levels

Exterior

Depth

127.96

Front

59.31

Lot Size

59 x 128 ft

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

Depth

127.96

Front

59.31

Lot Size

59 x 128 ft

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

Building Description

Property Type

Commercial

Home Type

Apartment

Subtype

Apartment 5+ Units

Exterior

Brick

Sewers

Sewer Connected

Water Supply

Municipal

Foundation

Block,Poured Concrete

Property Type

Commercial

Home Type

Apartment

Subtype

Apartment 5+ Units

Exterior

Brick

Sewers

Sewer Connected

Water Supply

Municipal

Foundation

Block,Poured Concrete

Community

Carlington

Community

Carlington

Taxes & Fees

Taxes

$35,938 /yr

Tax Year

2022

Taxes

$35,938 /yr

Tax Year

2022

Other

Directions

Carling south on Merivale or Baseline north on Merivale

Virtual Tour Link

https://listings.nextdoorphotos.com/1160merivaleroad

Directions

Carling south on Merivale or Baseline north on Merivale

Virtual Tour Link

https://listings.nextdoorphotos.com/1160merivaleroad

GorleyLalonde Bilingual Sales Team

Email: info@gorleylalonde.com Cell: 613-230-7653 (SOLD)