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135 Concord St S

Concord St S, Old City, Ottawa, ON, K1S 0Z3

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Beds
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Baths
$2,600,000
List Price
Details
Photos
28
Comparables
History
135 Concord St S, Ottawa, ON - 1 of 3
135 Concord St S, Ottawa, ON - 2 of 3
135 Concord St S, Ottawa, ON - 3 of 3
72 days on market

Quick Summary

  • Substantially rebuilt 9-unit apartment building
  • Largely rebuilt down to the studs in 2019
  • Includes concrete repair and foundation membrane
  • Upgraded plumbing with water submeters
  • New electrical, roof, boiler, and radiators
  • Newly installed fire alarm system
  • Remodeled units with new appliances
  • Rents below market value for upside

Substantially rebuilt 9-unit apartment building located within walking distance of Ottawa University Lee's Campus, Main Campus, and St Paul's University campus. Largely rebuilt down to the studs in 2019 from the basement to the roof. The long list of work included concrete repair, membrane around the foundation, plumbing infrastructure... Show More

Substantially rebuilt 9-unit apartment building located within walking distance of Ottawa University Lee's Campus, Main Campus, and St Paul's University campus. Largely rebuilt down to the studs in 2019 from the basement to the roof. The long list of work included concrete repair, membrane around the foundation, plumbing infrastructure with water submeters for all units, electrical, upper roof, tankless boiler, radiators, windows, fire alarm system, asphalt, appliances, and completely remodeled units. All tenants pay for electricity and water in addition to their rent. Paid parking and coin laundry. Heating is a central tankless boiler system with high-efficiency radiators. All rents are currently quite below the market value giving the successful buyer a substantial upside opportunity. Tenants are a mix of students and young professionals. Rarely available, this is a long-term legacy investment opportunity for you and your family. No vendor mortgage is available. (id:54626)

Property Details

Parking

7 Parking Spaces
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Lot

Size
732′12″ * 1150′0″
Acres
-

Build

Year Built
1950
Model Name
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Basement
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Exterior
Brick, Concrete, Wood siding
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
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Roof
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Heating & Cooling

Heating
Hot water radiator heat
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
1411198
Last Updated
September 20, 2024
Brokerage
KELLER WILLIAMS INTEGRITY REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

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