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An investor's dream. Undergoing re-gentrification in Vanier, close to New Edinburgh and a short walk to the Rideau River, this is an amazing opportunity to invest in 3 doors. Close to schools and amenities, this triplex boasts net operating income of $42,300 and a solid cap rate of 5%, despite rents being below market value. The building consists of a 3 bedroom, 1 bath unit ($1900 rental), a second, 3 bedroom, 1 bath unit ($1650 rental) and one, 2 bedroom and 1 bathroom unit ($1200 rental), all with their own hydro meters (unit 1 paid by tenant). There are no vacancies. The exterior has been well maintained throughout the years with a brand new roof (2022) and is in great shape for new ownership. All units come furnished. (id:24093)
Listed by Marino Francispillai and Darcy Whyte of CENTURY 21 SYNERGY REALTY INC

Property Details of 123 Ste Cecile Street

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"Based on information submitted to CREA as of December 5, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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