Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

467-469 Braydon Avenue, AltaVistaandArea, ON K1G 0W7 (Coronation Ave & Station Blvd)
$ 915000 - MLS : X12267264

From Our Gallery

Description

Investment opportunity with LEGAL SDU, TWO hydro meters, TWO street numbers with separate entrances on a CORNER LOT in Riverview Park! Whether you're an investor chasing reliability or a buyer looking for a low-risk asset, this is a turnkey opportunity in a zero-vacancy zone, steps away to the Faculty of Medicine, the Ottawa Hospital, CHEO & NDMC, and minutes away from Train Yards shopping centre, LRT stations, trail, schools and HWY 417. Great cash flow with room to increase, currently at 5.69% cap rate. 467 Braydon Ave (Upper unit): 4 bedrooms, 1 bathroom, rented at $2,640/month; 469 Braydon Ave (Lower unit): 4 bedrooms, 1 full bathroom & 1 partial bathroom, rented at $2,360 /month; 4 parking spots, rented at $260/month. All major components are updated: Roof: 2025; Hot Water Heater(rental): 2025; Central AC: 2022; Furnace: 2020; All vinyl windows. Loads of value at a fantastic location for those who seek optionality!

Location Description

Coronation Ave & Station Blvd

Property Detail

Community: 3602 - Riverview Park
Property Type: Tenant/Residential Freehold
Bedrooms: 8
Bath: 3
Garages: None
Annual Property Taxes : $ 5200

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Concrete Block
Counstruction Material : Brick-Vinyl Siding
Total Parking Space : 4
Parking Type : None

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: ROYAL LEPAGE TEAM REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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