901 Bank Street, Ottawa, ON K1S 3W5      
info@thereps.ca  |   613-900-REPS

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Marketing Brochure 

TYPICAL FLOOR PLANS

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13 LUXURY UNITS

UNIT MIX:

1 Bed x 6 @ $1900

2 Bed x 6 @ $2100-$2300

1 Commercial Office $1750

4 Parking @ $112.50

All payments are monthly

Purpose Built 2019

Wood Construction

3 Storey - Walk-up

14 Hydro Meters

Views of Green Space & Tennis Court

 

INCOME 

Rental Income $316,200

Parking Income $5,400

Gross Income $321,600 

EXPENSES

Property Projected Tax $45,000  Current Tax:$13,000

Projected Insurance $5000

Current Insurance $6,600

Heat and Hydro $ 7,000

Water/sewer $ 12,000

Repairs & Maintenance 3% $9,700 including on-site superintendent

Total Expenses $78,700

Net Operating Income $ 242,900

Property Value $5,250,000 @ 4.63% CAP 

171 Holland AVENUE

$5,250,000

Located in Ottawa West - Parkdale near Westboro and Hintonburg.

 

This one of Ottawa's trendiest neighbourhoods with a tremendous amount of development. Million dollar semi-detached homes are everywhere and land value for a 50ft lot is almost $800k.

 

This community has Ottawa's most sought after school's and restaurants. All the retail and specialty shopping stores located on Wellington and Richmond road serve as the engine that is fueling this communities growth. There are a lot of nature trails, greenspace, parks and water access.

 

One of Ottawa's best neighbourhoods located very close to downtown, Light Rail Transit, Highway's and Ottawa Civic Hospital.

13 LUXURY UNITS

4  PARKING

 

EVERY UNIT HAS:

Heated Floors

Large 3x3ft Tile

Open Concept

Quartz Counters

Gas Range

4 Stainless Appliances

In-Unit Laundry

Balcony

Furnace/AC/Air Exchange

3d/vr
walkthrough
photos