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    For Sale - 72 Pretoria Avenue, Glebe - Ottawa East and Area, Ontario

    Est payment $9,532/mo
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    Views   1
    Time on Jump  29 day

    AI Summary *

    • Fully tenanted 6-unit building with strong rental demand and income.
    • Five 2-bedroom units and one 1-bedroom unit for diverse tenant options.
    • Coin-operated laundry and extra parking spaces for additional income.
    • Prime location near grocery, bank, trails, and universities with easy access.
    • Approved plans for future development add potential for increased value.




    This 6-unit fully tenanted residential building offers strong holding power, consistent rental demand, and valuable upside for savvy investors or portfolio builders. Composed of five 2-bedroom units, and a 1 bedroom unit. Coin operated laundry in the building. 2 parking spaces can generate extra income. Tenants pay hydro. Roof (2018), windows (2016), boiler (2025). Grocery store, lcbo, td bank, the canal and bike/walking trail all located across the street, minutes to carleton and ottawa university, downtown government employment hubs, highway 417 access and more; this easily attracts tenants making it easy to rent. Future development potential. Plans to add a building in the back have been approved with the city and ready to start. Whether you are looking to acquire a turnkey income generator, or secure a prime piece of central ottawa real estate, 72 pretoria avenue delivers location, scale, and long-term capital appreciation potential. Gross income $135,675. Operating expenses $33,658. Noi $102,016. Potential additional parking income $2400.
    Listing IDX13719870
    Address72 Pretoria Avenue
    CityGlebe - Ottawa East and Area, Ontario
    Price$1,985,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Major Highway, Public TransitHeating / Cooling Radiant

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    Listing Agency:  RE/MAX HALLMARK REALTY GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    72 Pretoria Avenue
    Glebe - Ottawa East and Area , Ontario
    $1,985,000
    Get more info