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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  59 day

    AI Summary *

    • Fully tenanted 6-unit residential building with consistent rental demand.
    • Offers five 2-bedroom units and a 1-bedroom unit for diverse tenant options.
    • Coin-operated laundry and two parking spaces generate extra income.
    • Located near amenities, schools, and public transit for easy renting.
    • Future development plans approved for additional building at the site.




    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 $30,340. Noi $105,334. 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 Brokerage: 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