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2491 Cléroux Cres 11 Unit Apartment Building $3,100,000 CAD ($281,818 CAD/Unit) Ottawa, ON K1W 1A1
INVESTMENT HIGHLIGHTS
- 20 mintues east of Downtown Ottawa
- 40% rental upside
- Approximately 4.75% cap rate on in-place financials
- Turnkey rental opportunity
- Situated on a large lot of land
EXECUTIVE SUMMARY
Avison Young has been mandated to advise and manage the sale of 2491 Cleroux Cres., Ottawa, ON. This is an exceptional opportunity to acquire a renovated turnkey asset in an established rental market.
- Total of 11 residential rental units
- 7/8 townhomes fully renovated
- Approximately 4.75% cap rate on in-place financials
- 20 minute drive to Downtown Ottawa
- Total of 11 residential rental units
- 7/8 townhomes fully renovated
- Approximately 4.75% cap rate on in-place financials
- 20 minute drive to Downtown Ottawa
PROPERTY FACTS
| Price | $3,100,000 CAD | Building Class | B |
| Price Per Unit | $281,818 CAD | Lot Size | 0.63 AC |
| Sale Type | Investment | Building Size | 30,171 SF |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2020 |
| Property Subtype | Apartment | Parking Ratio | 0.33/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | R1 - Multi-Family | ||
| Price | $3,100,000 CAD |
| Price Per Unit | $281,818 CAD |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.63 AC |
| Building Size | 30,171 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2020 |
| Parking Ratio | 0.33/1,000 SF |
| Zoning | R1 - Multi-Family |
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CONTACTS
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Jonathan Hittner -
Eamonn McConnell -
Neil Musselwhite -
David Lieberman -
Avison Young
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2491 Cléroux Cres
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