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1160 Merivale Rd

Merivale Rd, West End, Ottawa, ON, K1Z 6B5

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Beds
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Baths
$3,400,000
List Price
Details
Photos
28
Comparables
History
1160 Merivale Rd, Ottawa, ON - 1 of 3
1160 Merivale Rd, Ottawa, ON - 2 of 3
1160 Merivale Rd, Ottawa, ON - 3 of 3
108 days on market

Quick Summary

  • Well-maintained purpose-built 16-unit building
  • Walking distance to amenities like farms, transit
  • Mix of 4 bachelor and 12 one-bedroom units
  • Elevator, on-site fitness room, coin laundry
  • 11 total parking spots for residents
  • Separately metered hydro for each unit
  • One to two balconies per unit
  • Significant upside potential in NOI

This purpose-built 16 unit is well maintained and walking distance to many amenities including the experimental farms, transit, dining and shopping. The building offers a mix of 4 bachelor apartments and 12 one bedroom apartments with an elevator, onsite fitness room, coin operated laundry facilities, and a total of 11 parking spots. Each... Show More

This purpose-built 16 unit is well maintained and walking distance to many amenities including the experimental farms, transit, dining and shopping. The building offers a mix of 4 bachelor apartments and 12 one bedroom apartments with an elevator, onsite fitness room, coin operated laundry facilities, and a total of 11 parking spots. Each unit is separately metered for hydro and has one - two balconies. This is a Great Investment opportunity with Significant Upside Potential in NOI. Sellers will Consider a VTB up-to 75% for Qualified Buyers. (id:54626)

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Property Details

Parking

11 Parking Spaces
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Lot

Size
712′0″ * 1536′0″
Acres
-

Build

Year Built
-
Model Name
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Basement
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Exterior
Brick
Foundation
Block, Poured Concrete
Builder Name
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Stories
5
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
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Source

Listing Brokerage

MLS® Listing
1404689
Last Updated
July 30, 2024
Brokerage
ROYAL LEPAGE PERFORMANCE REALTY
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