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Home ON Ottawa - Gatineau Ottawa West Centertown
420 BRONSON AVENUE
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420 BRONSON AVENUE $1,300,000
6 days ago
$1,300,000
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420 BRONSON AVENUE
Ottawa, Ontario K1R6J6

MLS® Number: X12127994

Listing 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 $82,092 per year in gross income, with a solid net operating income of approximately $64,012 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! (40395887)

Location Description

Bronson & Gladstone

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
4205 - West Centre Town
Land Size
30.5 x 99 FT
Age Of Building
100+ years
Annual Property Taxes
$5,878
Time on REALTOR.ca
6 days

Building

Interior Features
Appliances Included
Hood Fan, Stove, Refrigerator
Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
2089 sqft

Land

Lot Features
Frontage
30 ft ,6 in
Land Depth
99 ft
Other Property Information
Zoning Description
TM[2214]
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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