500 OVANA CRESCENT Wendover, Ontario K0A3K0

ID# 1137693

$6,499,000

32 UNITS BUILT IN 2018... 5 BLOCKS from the OTTAWA RIVER in WENDOVER! IMMEDIATE CASH FLOW - units can be fully-rented upon closing. (24 - 3bedrm 1.5 bath townhouses and 8 - 1bedrm, 1 bath apartments) in a complex sitting on 1.1 acres of Land. PROJECTED GROSS INCOME: $465, 504. Separated into 6 buildings, This high-end new construction averages 1500 sq ft for the 24 units ($1275/mo + gas heat + hydro) and 800 sq ft ($799 + gas heat + hydro) for the 8 units. Separate gas and hydro meters for each unit. Stone and vinyl siding with a design that makes it feel like a home and not an apartment building. Situated in a waterfront town of Wendover, nice place only 1hr from Montreal and 35 min to Ottawa. Average household income is $97,639 and only 84% of the houses are single family residential. BIG NEED FOR GOOD RENTAL UNITS. Easy to rent... GET IN ON THE GROUND FLOOR AT THIS UNBEATABLE PRICE FOR NEW MULTI-RES. (id:25961)

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Courtesy of RE/MAX HALLMARK REALTY GROUP

Moe McIlwain
Bathroom Total 0
Half Bathrooms Total 0
Year Built 2018
Stories Total 3
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