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1916 Belcourt Blvd

Belcourt Blvd, Orléans, Ottawa, ON, K1C 1M5

8
Beds
8
Baths
-
$XXX,XXX
Details
Photos
30
Comparables
History
1916 Belcourt Blvd, Ottawa, ON - 1 of 3
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Incredible 8 BEDROOM 8 BATHROOM LEGAL 2-unit investment with a 7.25% CAP RATE and $1,716 monthly CASH FLOW. Welcome to 1916 Belcourt in the heart of Orleans, the centrally located turn-key property investors dream of. Two expertly designed units, each with 4 bedrooms and 4 full bathrooms. Yes, even the lower is a 4 bedroom unit with every...

Incredible 8 BEDROOM 8 BATHROOM LEGAL 2-unit investment with a 7.25% CAP RATE and $1,716 monthly CASH FLOW. Welcome to 1916 Belcourt in the heart of Orleans, the centrally located turn-key property investors dream of. Two expertly designed units, each with 4 bedrooms and 4 full bathrooms. Yes, even the lower is a 4 bedroom unit with every bedroom hosting a private ensuite; perfect for the option of renting to a household of students or young professionals. The result? An absolute cash cow, the best available in Ottawa. Both units are tenanted; upper unit to a lovely retired couple for $2,378/mth+hydro, lower to a group of 4 women for $2,770/mth inclusive. The total is a phenomenal $5,148 per month. GOI $5,147, NOI $50,763, P&I $30,176 @3.5%, CASHFLOW $20,587. Smart investment; huge cashflow insulates you from interest rates. Click the More Photos button on Realtor.ca for full financial analysis. Offers presented Monday July 11th. Seller reserves the right to accept pre-emptive offers.

Property Details

Size

Sq. Ft. Not Available
20 total rooms
8 Beds
4 Above Grade - 4 Below Grade
8 Baths
8 Ensuite -

Parking

3 Parking Spaces
-

Lot

Size
74′11″ * 135′0″
Acres
0.23

Rooms

Kitchen

9′11″ x 12′3″

Living Rm

11′5″ x 22′4″

Bedroom

12′8″ x 14′9″

Bedroom

10′3″ x 19′1″

Bedroom

10′0″ x 22′11″

Bedroom

10′4″ x 13′6″

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Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Taxes

Property Tax Year
2022-01-01
Property Tax Amount
$4,101

Source

Listing Brokerage

MLS® Listing
1300339
Last Updated
April 14, 2023
Brokerage
KELLER WILLIAMS INTEGRITY REALTY
Call us 800-591-0566

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