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306 Honeyborne St
Ottawa, ON K0A 1A0
Multifamily Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Building Size | 30,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2019 |
| Building Class | B | Parking Ratio | 1.16/1,000 SF |
| Lot Size | 0.99 AC | ||
| Zoning | R4 - Residential Fourth Density | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.99 AC |
| Building Size | 30,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2019 |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | R4 - Residential Fourth Density |
ABOUT 306 HONEYBORNE ST , OTTAWA, ON K0A 1A0
* First of 4 buildings to be built...completion date for this one is late 2019 * Long-term, sustainable income from a premium Builder * Each building has 2 x one bedrooms, 17 x two bedrooms, and 5 x three bedrooms apartments * Efficient & clean hot water boiler system, Elevator, ERV's in each unit, 24 hydro meters, approx. 35 parking spots plus visitors & handicapped, roof is 40-year fiberglass shingles * Fridge, stove & dishwashers in every apartment * Card operated Laundry machines on each floor * Located a short distance from grocery stores, shopping, the Almonte hospital & Almonte’s historic downtown Estimated Revenues & Expenses: Rental Income $378,120.00 Laundry $6,000.00 Estimated Gross Revenues $384,120.00 Estimated Operating Expenses: Property Taxes (2019 Estimate) $50,000.00 Insurance $4,606.00 Water & Sewer $3,993.00 Heat $5,862.00 Management $9,763.00 Hydro $5,679.00 Other $3,812.00 Total Estimated Operating Expenses $83,715.00 Estimated Net Operating Income: $300,405.00 Parking: 35 Incl. Plus Visitors & Disabled Heating: Hot Water & Natural Gas Boiler Chattels: 24 Fridges, 24 Stoves, 24 Hood fans, 24 Dishwashers, 1 Hot Water Tank
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 17 | - | - |
| 3+1 | 5 | - | - |
