84 Rosemount Ave
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84 Rosemount Ave
12 Unit Apartment Building $3,050,000 CAD ($254,167 CAD/Unit) 4.50% Cap Rate Ottawa, ON K1Y 1P6
Investment Highlights
- Fully rented turn-key investment opportunity
- 8 indoor parking spaces and 4 outdoor parking spaces
- Minutes to downtown and Carleton U, on a quiet dead-end street
Executive Summary
Fully rented turn-key investment opportunity in the central location near the Civic Hospital. 12 spacious, bright, apartments, all with their own entrance. 8 indoor parking spaces and 4 outdoor parking spaces. Six bachelor 1 bath and six 1 bed,1 bath units. Minutes to downtown and Carleton U, on a quiet dead-end street. Units have balconies, good parking, newer Roof, Fire retrofitted, Excellent Tenants. Walking distance to transit, shopping, restaurants and everything that this vibrant community has to offer!! -10 units completely redone between 2010-2022 -New roof 2017 Abbot roofing -balconies redone 2017 -garage closed in and two gas heaters installed. 2015 -2 New boilers 2018 -Unit 1 renovated January 2022 -Balcony railings painted, balcony parging & garage door repair November 2022.
Property Facts
| Price | $3,050,000 CAD | Building Class | C |
| Price Per Unit | $254,167 CAD | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 8,779 SF |
| Cap Rate | 4.50% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment | Parking Ratio | 1.37/1,000 SF |
| Apartment Style | Low Rise |
| Price | $3,050,000 CAD |
| Price Per Unit | $254,167 CAD |
| Sale Type | Investment |
| Cap Rate | 4.50% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 8,779 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1975 |
| Parking Ratio | 1.37/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
| 1+1 | 6 | - | - |
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Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Very Bikeable (82)
zoning
| Zoning Code | R4UB' (Residential Fourth Density Zone) |
| R4UB' (Residential Fourth Density Zone) |
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84 Rosemount Ave
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