traditional style home with a chimney and brick siding Features: fence More Photos

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    For Sale - 26 Aylmer Avenue, Glebe - Ottawa East and Area, Ontario

    Est payment $8,422/mo
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    Views   1
    Time on Jump  60 day

    AI Summary *

    • Great investment with four tenanted apartments generating strong rental income.
    • Large lot with a total of 3,000 sqft of living space.
    • Updated main house features hardwood floors and modern amenities.
    • New addition completed in 2017 with separate utilities for each unit.
    • Potential for increased income with city-approved plan for a 5-plex.




    Incredible investment opportunity in old ottawa south! Large multi-unit on expansive 30' x 161' lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-bedroom unit, two 2-bedroom units and one 1 bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom - it has it's own furnace (2020), a/c (2017) and hot water tank (rental). New addition completed in 2017 with 2 furnaces and 2 central air units. 3 hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, roof 2017. City of ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349. 31. Annual gross income: $131,055. 00. Annual expenses: $24,288. 30. Annual net income: $106,766. 70. Motivated vendor. Property sold as is where is.
    Listing IDX12604836
    Address26 Aylmer Avenue
    CityGlebe - Ottawa East and Area, Ontario
    Price$1,699,000
    Bed / Bath8 / 6 Full
    Style3-Storey, Multiplex
    ConstructionBrick, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features OtherOwnership FreeholdBasement FinishedFoundation Concrete, StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 2.00
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    Listing Agency:  ROYAL LEPAGE PERFORMANCE REALTY
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    26 Aylmer Avenue
    Glebe - Ottawa East and Area , Ontario
    8 6 $1,699,000
    Get more info