$3,400,000
Available - For Sale
Listing ID: X9516404
1160 MERIVALE Rd , Carlington - Central Park, K1Z 6B5, Ontario
| This purpose-built 16 unit is well maintained and walking distance to many amenities including the experimental farms, transit, dining and shopping. The building offers a mix of 4 bachelor apartments and 12 one bedroom apartments with an elevator, onsite fitness room, coin operated laundry facilities, and a total of 11 parking spots. Each unit is separately metered for hydro and has one - two balconies. This is a Great Investment opportunity with Significant Upside Potential in NOI. Sellers will Consider a VTB up-to 75% for Qualified Buyers. |
| Price | $3,400,000 |
| Taxes: | $37056.00 |
| Occupancy by: | Tenant |
| Address: | 1160 MERIVALE Rd , Carlington - Central Park, K1Z 6B5, Ontario |
| Postal Code: | K1Z 6B5 |
| Province/State: | Ontario |
| Legal Description: | PT LT 104, PL 295 , PART 2 , 5R7300 ; OT |
| Lot Size: | 59.31 x 127.96 (Feet) |
| Directions/Cross Streets: | Carling south on Merivale or Baseline north on Merivale |
| Category: | Apartment |
| Insurance Expense: | $13100 |
| Water Expense: | $6005 |
| Gross Income/Sales: | $219841 |
| Operating Expenses: | $92235 |
| Net Income Before Debt: | $127670 |
| Heat Type: | Baseboard |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE PERFORMANCE REALTY |
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Kambiz Farsian
Sales Representative
Dir:
416-317-4438
Bus:
905-695-7888
Fax:
905-695-0900
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Carlington - Central Park |
| Neighbourhood: | 5301 - Carlington |
| Lot Size: | 59.31 x 127.96(Feet) |
| Tax: | $37,056 |
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