- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12470520
- Photos (23)
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LUCRATIVE Commercial residential investment with flexible zoning for other commercial or multi-residential uses if you like. Zoning code is TM14 H(20) . LOT SIZE 29 x 110 feet. In the heart of Centretown Ottawa, there are all the amenities and parks and transportation and public transportation around you. This property has a short term rental licence and has had well over $100,000 in renovations to make it gross a high amount of rent for a property of it's size. If maximizing your investment and even social impact and opportunity in the city, this property is for you. There is a strong mix of new immigrants that rent here and call this place home or a transition to a new home. With our population growth this is very valuable. GROSS INCOME: $116,832.00 (when fully rented) - EXPENSES: $29,664.15 = NOI $87, 165.85 . Reach out for more info and photos and to book a viewing... WE WELCOME OFFERS!
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 2809 sq. ft. Square Feet
- Total Area:
- 2,809 sq. ft.
- Retail Area:
- 0 sq. ft. %
- Office/Apt Area:
- 2535 sq. ft. Sq Ft
- Lot Depth:
- 110'
- Lot Frontage:
- 29'
- Water supply:
- Municipal
- Zoning:
- TM14 H
- Heating type:
- Gas Forced Air Closed
- Garage:
- None
- Parking Spaces:
- 5
- Possession Details:
- Flexible or immediate
- Lot Irregularities:
- 0
- HST Applicable To Sale Price:
- Included In
- Development Charges Paid:
- Unknown
- Type Taxes:
- Annual
- Taxes:
- $12,684.15 / 2024
- Assessment:
- $- / -
- Ottawa
- Ottawa Centre
- 4103 - Ottawa Centre
- hot water tank
- all appliances and furniture
- tenant belongings
- Utilities:
- Yes
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Gross income:
- $116,832
- Net Income Before Debt:
- $87,167.85
- Expenses Actual/Estimated:
- Estimated
- Heating Expenses:
- $1,120
- Hydro Expenses:
- $2,640
- Insurance Expenses:
- $4,870
- Management Expenses:
- $0
- Tax Expenses:
- $12,684.15
- Operating Expenses:
- $29,664.15
- Other Expenses:
- $1,500
- Water Expenses:
- $3,850
- Year Expenses:
- 29664
- Maintenace Expenses:
- $0
- Category:
- Office
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Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated October 19, 2025 at 08:15 PM (UTC)
- JANE SCOTT
- RE/MAX AFFILIATES REALTY LTD., BROKERAGE
- 1 (613) 2922301
- Contact by Email
Location
29 - 747 Silver Seven Road
Ottawa, ON K2V 0H2