25
See all 25 photos
$1,250,000
Est. payment /mo
5 Beds
5 Baths
Price Dropped by $50K
420 Bronson AVE West Centre Town, ON K1R 6J6
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 4205 - West Centre Town
MLS Listing ID X12139312
Style Other
Bedrooms 5
Building Age 100+
Annual Tax Amount $5,878
Tax Year 2024
Property Sub-Type Multiplex
Property Description
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 $84,792 per year in gross income, with a solid net operating income of approximately $66,712 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!
Location
Province ON
County Ottawa
Community 4205 - West Centre Town
Area Ottawa
Rooms
Family Room No
Basement None
Kitchen 5
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 30.5
Lot Depth 99.0
Total Parking Spaces 5
Building
Unit Features Public Transit
Foundation Poured Concrete
Others
ParcelsYN No
Virtual Tour https://www.londonhousephoto.ca/420-bronson-avenue-ottawa/?ub=true
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