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$6,450,000

500 Ovana Crescent

MLS® Number: 1137693

Beds: 0

Baths: 0

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Summary

  • Baths0
  • Beds0
  • Year Built2018
  • Storeys3
  • Listing TypeMulti-family
  • Property Style
  • Lot Size{lotsizearea}/
  • Water FrontNo

Location

  • Address500 Ovana Crescent
  • CityWendover
  • Postal CodeK0A3K0

Heating & Cooling

  • HeatingForced Air (Natural Gas)
  • Fireplace/

Listing courtesy of  RE/MAX HALLMARK REALTY GROUP

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: $480,838 - EXPENSES: $97,100 = $383,738. 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! (id:30499)


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Moe McIlwain

RE/MAX Hallmark Realty Group

RE/MAX Hallmark Realty Group Brokerage, Independently Owned & Operated
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