520 Hilson Avenue, Ottawa, Ontario K1Z 6C8

Listed for:
$2,680,000
15 beds
2 baths
Listed 14 days ago
Multi-Family for rent: 520 Hilson Avenue, Ottawa, Ontario K1Z 6C8

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About

Cross Streets: Hilson Ave & Iona St. ** Directions: From Richmond Rd, turn onto Hilson Ave. Rarely offered for sale, this purpose-built 6-plex is ideally located in one of Ottawa's most desirable rental neighbourhoods, just a 15-minute walk to Westboro Village and with equally convenient access to Wellington Village. Exceptionally well maintained by its owner, the property has been thoughtfully cared for over the years, with each of the six units updated. The spacious unit mix includes two 4-bedroom units, three 2-bedroom units and one 1-bedroom unit. All units feature hardwood flooring, eat-in kitchens and generous living spaces. A particularly rare feature is the 5-bay detached garage plus 3 additional surface parking areas, providing excellent parking and storage options, along with individual storage lockers for each apartment. This combination of dedicated garage space and private storage is an uncommon offering for a property of this type and location. The purpose-built building offers convenient access to all units through the front stairwell, with a separate rear stairwell providing access to the garage parking and shared paid laundry facilities. The property currently generates a strong Net Operating Income, with additional upside potential based on today's market rents. Please contact the listing agent for details regarding recent updates, current rents, projected market rents and other property features. (id:27476)

Property Highlights

MLS® Number
X13711044
Type
Multi-family
Community Name
5003 - Westboro/Hampton Park
Land Size
Bldg=60.66 x 158.73 FT
Parking Space Total
8

Building

Building Type
Multi-Family
Square Footage
5066 sqft
Bathrooms Total
2
Bedrooms Total
15
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
ENGEL & VOLKERS OTTAWA
MLS® number:
X13711044
Agent:
John King
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