278 DONALD ST
Ottawa, ON, K1K 1M7

MLS® #: 1219111
Thom Fountain, RE/MAX Hallmark Realty Group

$1,589,900

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Business Type: Multi-Family

Date Listed: Wed, Nov 18, 2020

Property Tax: $7,972 (2019)

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278 DONALD ST
Ottawa, ON, K1K 1M7

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Property Description for 278 DONALD ST

Unique property that has 14 bachelor units with another two units that share accommodations. Huge income that comes with a 7.4 % cap rate. Perfect for the investor looking to get a good return for the invested dollar. 24 hours notice for showings and 24 hours irrevocable on all offers. Some rents will be going up Dec 1, 2020. The Buyer to do their own due diligence with this property. Please note zoning has recently changed from R4N to R4UC-c. With the current lot size you are allowed to have 9+ units and can build up to 11 metres in height.

Details for 278 DONALD ST

Property Type: Commercial
Property Tax: $7,972 (2019)
Fees: na
Last Updated: Sun, January 10, 2021
Possession: TBA
Property Subtype: Apartment 5+ Units
Property Type Detail: Commercial
Title: Freehold

Key Facts for 278 DONALD ST

MLS® #: 1219111
Ownership Type: na
Year Built: na
sqft: na
Date Listed: Nov 18, 2020
Lot Size: 50.00 X 116.75
Occupancy: Tenant
Transaction Type: Sale
Stories: 2
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Associated Agents

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RE/MAX HALLMARK REALTY GROUP

Ottawa, ON

|

(613) 282-0292

PH: (613) 282-0292
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RE/MAX METROPOLIS REALTY

Markham, ON

|

N/A

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Data was last updated Sunday, January 10, 2021 at 9:21:37 PM
Agent's profile picture

RE/MAX HALLMARK REALTY GROUP

Ottawa, ON

|

(613) 282-0292

PH: (613) 282-0292
Agent's profile picture

RE/MAX METROPOLIS REALTY

Markham, ON

|

N/A

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