500 OVANA CRES

Wendover, ON, K0A 3K0
MLS® #: 1137693
Moe McIlwain, RE/MAX Hallmark Realty Group

$6,450,000

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Business Type: Multi-Family

Date Listed: Sat, Jan 26, 2019

Property Tax: $43,200 (2018)

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500 OVANA CRES

Wendover, ON, K0A 3K0

$6,450,000

N/A sqft|Multi-Family
MLS® #: 1137693
Moe McIlwain, RE/MAX Hallmark Realty Group

More to See

Property Description

ATTN: Millionaire Investors - NEW BUILDING, FULLY OCCUPIED. 32 Residential units built 2018... make up APPROX 40,000 sq ft of living space total... sitting on 1.1 acres of land with lots of room for MORE income. GROSS INCOME: $468,052 - EXPENSES: $85,712 = $382,340. Separated into 6 buildings, 24 units are - 3bedrm 1.5 bath townhouses (1300-1500 sq ft) and 8 - 1bedrm, 1 bath apartments (800 sq ft) in a private residential complex. Separate gas and hydro meters for each unit - tenants pay those utilities. HWTs paid by landlord. Stone and vinyl siding with a design that makes it feel like a house, not an apartment building. ADDED VALUE - Registered as a CONDO. Situated in a waterfront town of Wendover, nice place only 1hr from Montreal and 35 min to Ottawa. Average household income is $97,639 and 84% of the houses are single family residential. BIG NEED FOR GOOD RENTAL UNITS. Get in on the ground floor... unbeatable price for NEW MULTI RES. We welcome offers!

Details

Property Type: Commercial
Property Tax: $43,200 (2018)
Fees: N/A
Last Updated: Mon, November 25, 2019
Possession: TBD
Property Subtype: Apartment 5+ Units
Property Type Detail: Commercial

Key Facts

MLS® #: 1137693
Ownership-Type: N/A
Year Built: 2018
sqft: N/A
Date Listed: Jan 26, 2019
Lot Size: N/A
Occupancy: N/A
Transaction Type: Sale
Stories: 3
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Suggested Listings (2)

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Mohnish Aggerwal, RE/MAX Hallmark Realty Group
MLS® #: 1173863

$4,950,000

601 LIMOGES RD, Limoges, ON, K0A 2M0

N/A sqft|Office
Jason MacDonald, RE/MAX Hallmark Realty Group
MLS® #: 1172678

$6,200,000

2430 DON REID DR, Ottawa, ON, K1H 1E1

N/A sqft|Office
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Data was last updated Monday, November 25, 2019 at 6:57:53 PM
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RE/MAX HALLMARK REALTY GROUP

Kanata, ON

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Introduction to Investing in Commercial Real Estate

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