Description
Introducing 70 Russell Avenue a premier investment opportunity in Ottawa's sought-after Sandy Hill. This newly constructed, purpose-built multi-family property is designed to meet the needs of today's tenants, ensuring energy efficiency and modern amenities that deliver consistent rental income. The building features three spacious five-bedroom units and a unique six-bedroom, two-story suite on the top floor, appealing to diverse tenants. Interiors boast vinyl flooring, large windows, modern kitchens, two full bathrooms, and in-unit laundry. Just a 2-3 minute walk to the University of Ottawa, it offers unbeatable convenience, attracting young professionals and tenants alike. The vibrant neighbourhood includes dining, parks, entertainment, high walkability, and easy access to transit. With steady demand and premium amenities, 70 Russell Avenue is a rare investment in Ottawa's thriving rental market. Don't miss this opportunity to own a high-performing asset in an unbeatable location! NEW INCOME NUMBERS- Unit 1: $3,998/m, Unit 2: $4,101/m, Unit 3: $4,100/m, Unit 4 $5,850 (6 bed)
Overview
Property ID:
X12262055
Type:
Multiplex
Bedrooms:
21
Bathrooms:
8
Square:
4,250 m²
Price:
$2,600,000
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Central Air
Heating:
Forced Air
ParkingFeatures:
None
YearBuilt:
6-15
TaxAnnualAmount:
16727.47
PossessionDetails:
FLEXIBLE
Map
-
AddressLower Town - Sandy Hill
Contact Agency
Write A Review
0 Reviews
0 out of 5
Featured properties
The Most Recent Estate
Selling
Multiplex
10 days ago
$1,050,000
Kingston, 22 - East of Sir John A. Blvd
Selling
Multiplex
10 days ago
$2,600,000
Ottawa Centre, 4104 - Ottawa Centre/Golden Triangle
Selling
Lower Town - Sandy Hill, 4004 - Sandy Hill
$2,600,000
- 21
- 8
- 4,250 m²