LOCATION LOCATION! Modern Newer Built (2013) 8 unit complex in the sought after Westboro/Hampton Park community of Ottawa. Complex consists of 2 x one bedroom and 6 x two bedroom units all with top end finishes including granite counter tops, hardwood floors and stainless steel appliances. Each unit has access to an outdoor space (balcony/entrance), large bedrooms and plenty of natural light. Storage for garbage, recycling and composting available for tenants. Complex is low maintenance with A+ tenants. Lots of room for future rental increases with tenant turnover. 2024 NOI $119,483 and CAP 4.5%; 2025 NOI $129,495.11 and CAP 4.9%; 2026 NOI $137,767.80 and Cap 5.2% (based on recent turnovers and standard rental increases of 2.5%). Assumable CMHC mortgage @4.5% if needed- matures May 2029.
Address
324 Currell Avenue
List Price
$2,650,000
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
sale
Area
Westboro - Hampton Park
Sub-Area
5003 - Westboro/Hampton Park
Region
Ottawa
Lot Depth
100
Lot Type
Building
Lot Size Units
Feet
Lot Width
50
Frontage Length
15.24
Approx. Age
6 - 15 Years
MLS® Number
X12256609
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Postal Code
K1Z 7J6
Tax Amount
$22,559.00
Tax Year
2025
Community Features
Public Transit, Recreation/Community Centre
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Sewer
Sanitary