520 HILSON AVENUE

$2,680,000

520 HILSON AVENUE

Ottawa, ON

Type
Multi-family
Status
Active
Bedrooms
15
Bathrooms
2
Living area
5,066 sqft
MLS®
X13711044

About this property

Rarely offered for sale, this purpose-built 6-plex is ideally located in one of Ottawa's most desirable rental neighbourhoods, just a 15-minute walk to Westboro Village and with equally convenient access to Wellington Village. Exceptionally well maintained by its owner, the property has been thoughtfully cared for over the years, with each of the six units updated. The spacious unit mix includes two 4-bedroom units, three 2-bedroom units and one 1-bedroom unit. All units feature hardwood flooring, eat-in kitchens and generous living spaces. A particularly rare feature is the 5-bay detached garage plus 3 additional surface parking areas, providing excellent parking and storage options, along with individual storage lockers for each apartment. This combination of dedicated garage space and private storage is an uncommon offering for a property of this type and location. The purpose-built building offers convenient access to all units through the front stairwell, with a separate rear stairwell providing access to the garage parking and shared paid laundry facilities. The property currently generates a strong Net Operating Income, with additional upside potential based on today's market rents. Please contact the listing agent for details regarding recent updates, current rents, projected market rents and other property features. (id:66946)

Features

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Listing courtesy of ENGEL & VOLKERS OTTAWA. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.