70 Russell Avenue Ottawa, Ontario K1N 7X1
$2,550,000
Introducing 70 Russell Avenue—a premier investment opportunity in Ottawa’s sought-after Sandy Hill. This newly constructed, purpose-built multi-family property is designed to meet the needs of today’s tenants, ensuring energy efficiency and modern amenities that deliver consistent rental income. The building features three spacious five-bedroom units and a unique six-bedroom, two-story suite on the top floor, appealing to diverse tenants. Interiors boast vinyl flooring, large windows, modern kitchens, two full bathrooms, and in-unit laundry. Just a 2-3 minute walk to the University of Ottawa, it offers unbeatable convenience, attracting young professionals and tenants alike. The vibrant neighbourhood includes dining, parks, entertainment, high walkability, and easy access to transit. With steady demand and premium amenities, 70 Russell Avenue is a rare investment in Ottawa’s thriving rental market. Don’t miss this opportunity to own a high-performing asset in an unbeatable location! (id:37553)
Property Details
| MLS® Number | 1419851 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping, Water Nearby |
| Parking Space Total | 1 |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 2018 |
| Construction Style Attachment | Attached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Stucco |
| Flooring Type | Laminate |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Recreation Nearby, Shopping, Water Nearby |
| Sewer | Municipal Sewage System |
| Size Frontage | 97 Ft ,2 In |
| Size Irregular | 97.18 Ft X 0 Ft (irregular Lot) |
| Size Total Text | 97.18 Ft X 0 Ft (irregular Lot) |
| Zoning Description | R4s |
https://www.realtor.ca/real-estate/27646245/70-russell-avenue-ottawa-sandy-hill
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November 13 2024 06:12:26
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group