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1422 GOTH AVENUE
Ottawa, Ontario K1T1E4

$1,200,000

ID# 1399101

ABOUT THIS PROPERTY


This property offers 5 apartment units and is situated on a spacious 100x100 lot in a highly sought-after location. This property also holds great potential for development or as a long-term investment. Its versatile nature allows for various possibilities, making it an ideal choice for investors looking to maximize their returns. Main house could be used by buyer ($2800) and still have 4 other incomes from other units. The property's advantageous location offers convenience and accessibility. It is in close to parks, public transit, Walmart, South keys shopping centre and schools. This makes it an attractive choice for potential tenants, ensuring a steady stream of rental income. To further sweeten the deal, the owner is offering a vendor take-back mortgage (VTB) for $1,000,000 at a competitive interest rate of 5%. This presents a favourable financing option for interested buyers, making the investment even more enticing. Don't miss out on this exceptional investment opportunity. (id:25961)

PROPERTY DETAILS


Year Built 1968
Heating Type Forced air
Heating Fuel Electric
Stories Total 2

Property Type


Multi-family
Courtesy of EXP REALTY
Listed on: June 28, 2024

On market: 24 days

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