Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

70 RUSSELL Avenue, Lower Town - Sandy Hill, ON K1N 7X1 (Russell Ave, corner of Osgoode St.)
$ 2575000 - MLS : X12421864

From Our Gallery

Description

Introducing 70 Russell Avenue a premier investment opportunity in Ottawa's sought-after Sandy Hill. This newly constructed, purpose-built multi-family property is designed to meet the needs of today's tenants, ensuring energy efficiency and modern amenities that deliver consistent rental income. The building features three spacious five-bedroom units and a unique six-bedroom, two-story suite on the top floor, appealing to diverse tenants. Interiors boast vinyl flooring, large windows, modern kitchens, two full bathrooms, and in-unit laundry. Just a 2-3 minute walk to the University of Ottawa, it offers unbeatable convenience, attracting young professionals and tenants alike. The vibrant neighbourhood includes dining, parks, entertainment, high walkability, and easy access to transit. With steady demand and premium amenities, 70 Russell Avenue is a rare investment in Ottawa's thriving rental market. Don't miss this opportunity to own a high-performing asset in an unbeatable location! Unit 1: $3,998/m, Unit 2: $4,152/m, Unit 3: $4,175/m, Unit 4 $5,850 (6 bed). GOI 218,104, NOI 157,702, TOE 58,221

Location Description

Russell Ave, corner of Osgoode St.

Property Detail

Community: 4004 - Sandy Hill
Property Type: Tenant/Residential Freehold
Bedrooms: 21
Bath: 8
Garages: None
Annual Property Taxes : $ 17307

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Concrete
Counstruction Material : Brick-Stucco (Plaster)
Total Parking Space : 1
Parking Type : None

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: RE/MAX HALLMARK REALTY GROUP

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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