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637 Cummings Ave
Ottawa, ON K1K 2K6
Cummings Manor · Multifamily Property For Sale
·
18 Units
EXECUTIVE SUMMARY
This income-generating investment property features 19 fully occupied units, ensuring immediate and stable cash flow. The building offers tenants access to an on-site laundry facility, adding convenience and boosting tenant satisfaction. With strong operating income and high occupancy, this is a turnkey opportunity for any investor looking to expand their portfolio.
PROPERTY FACTS
| Price Per Unit | $212,844 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.80 AC |
| Cap Rate | 3.81% | Building Size | 24,378 SF |
| No. Units | 18 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 0.86/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | R4 - Residential | ||
| Price Per Unit | $212,844 USD |
| Sale Type | Investment |
| Cap Rate | 3.81% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.80 AC |
| Building Size | 24,378 SF |
| No. Stories | 3 |
| Year Built | 1958 |
| Parking Ratio | 0.86/1,000 SF |
| Zoning | R4 - Residential |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
| 1+1 | 11 | - | - |
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