1422 GOTH AVENUE
Ottawa, Ontario K1T1E4

$1,200,000

ID# 1399101

Other

This property offers 5 units and is situated on a spacious 100x100 lot in a highly sought-after location. This property also holds great potential for development or as a long-term investment. Its versatile nature allows for various possibilities, making it an ideal choice for investors looking to maximize their returns. Main house could be used by buyer ($2800) and still have 4 other incomes from other units. The mechanical room has a fire sprinkler system installed. It is in close to parks, public transit (OC Transpo Bus Stop at door on Albion Road), Walmart, South keys shopping centre and schools. This makes it an attractive choice for potential tenants, ensuring a steady stream of rental income. To further sweeten the deal, the owner is offering a vendor take-back mortgage (VTB) for $1,000,000 at a competitive interest rate of 5%. This presents a favourable financing option for interested buyers, making the investment even more enticing. Don't miss out on this one! (id:25961)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of EXP REALTY
Listed on: June 28, 2024

On market: 82 days

Year Built	1968
Heating Type	Other
Heating Fuel	Other
Stories Total	2

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1422 GOTH AVENUE
Ottawa, Ontario K1T1E4

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John King

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Beds: 4 Baths:3 Sq Ft:Array
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875 CONTOUR STREET UNITB

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