72 Pretoria Avenue, Glebe - Ottawa East And Area, ON K1S 1W9
- $1,985,000
- 11
- BD
- 6
- BA
- 3,500
- SqFt
- List Price
- $1,985,000
- MLS#
- X13719872
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- 2-Storey
- Bedrooms
- 11
- Bathrooms
- 6
- Living Area
- 3500-5000
- Province
- ON
- Municipality
- Glebe - Ottawa East And Area
- Area
- Ottawa
- Neighborhood
- 4402 - Glebe
- Subdivision
- Pretoria/Metcalfe
Property Description
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.
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Additional Information
- Taxes
- $15,733
- Heat Type
- Radiant
- Heat Source
- Gas
- Air Conditioning
- None
- Kitchens
- 6
- Exterior
- Brick
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 2
Mortgage Calculator
Listing courtesy of RE/MAX HALLMARK REALTY GROUP.