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Prime 5-unit turnkey investment in the heart of Ottawa! Looking to grow your real estate portfolio with a high-performing asset? Look no further. This exceptional 5-unit income property, located in one of Ottawa's most sought-after corridors, is a rare find that delivers on every front. The property generates an impressive $82,092 per year in gross income, with a solid net operating income of approximately $64,012 before debt service. Whether you're a seasoned investor or buying your first income property, this is a great opportunity offering both stability and growth potential. Just steps from Downtown Ottawa, vibrant Chinatown, and only minutes from the LRT station, this central and high-demand location ensures excellent tenant appeal and long-term value. Recent upgrades include a brand new driveway and hot water tank (2024), new eavestroughs and ice block grids (2023), full unit renovations between 2017 and 2020, and attic insulation with modern siding (20192020).The property also features five surface parking spots, easy access to OC Transpo, and is close to many walkable amenities, making it even more attractive to potential tenants and owners. This is a smart, strategic investment with modern updates, strong cash flow, and a prime location. Don't miss out properties like this don't last long!
5 Fridge, 5 Stoves & 5 Range Hoods
City: Ottawa
Neighborhood: West Centre Town
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
May 6, 2025 | 41 | $1,300,000 | N/A | New | X12127994 |
Purchase Price | $1300000 |
Down Payment | $260000 |
Mortgage Insurance | $0 |
Total Mortgage | $1040000 |
Mortgage Payment | $6409 |
Property Taxes | $490 |
Maintenance Fees | $0 |
Monthly Payment | $6899 |
Located at 420 Bronson Ave , this Ottawa house is available for sale. This property was listed for $1,300,000 on Tue May 20 2025. This house's size is 2000-2500 Sqft. It has 5 bedrooms and 5 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 5 parking spots. 420 Bronson Ave, Ottawa is situated in the West Centre Town neighbourhood.
MLS#: X12139312 · $1,300,000 · 5 bedroom house in West Centre Town, Ottawa