FOR SALE - Primecorp Commercial Realty

FOR SALE - Primecorp Commercial Realty

FOR SALE
Multifamily Investment For Sale
122-124 Cobourg Street, Ottawa, ON
CORP
COMMERCIAL REALTY INC.
BROKERAGE
SUMMARY HIGHLIGHTS
• 2 x 3 Storey Apartment Buildings
• 14 spacious units comprised of 4 x 1 Bedroom, 5x 1 Bedroom
+ Den, 2x 2 Bedrooms, and 3x 3 Bedrooms
• Centrally located directly across from the MacDonald
Gardens Park; in close proximity to the Byward Market, the
Rideau Centre, and the University of Ottawa.
• 10 on-site parking spaces
• Property Area: 10,956 sq ft (66 ft frontage x 166 ft depth)
• Existing mortgage to be assumed (see Expenses)
• Asking Price: Speak to Listing Agent
• Recent Improvements:
EXCLUSIVELY LISTED, CONTACT:
AAIDA OAKLEY Broker
Direct Line: 613.722.2020 ext. 235
Mobile: 613.266.4270
[email protected]
• Both roofs replaced in 2009 and both buildings have
new hot water tanks
• All units have been renovated and hallways recently
repainted
• Outdoor stairs currently being redone
PRIMECORP COMMERCIAL REALTY INC., BROKERAGE
JOHANNA OAKLEY Sales Representative Investment Sales
Direct Line: 613.722.2020 ext. 247
Mobile: 613.277.7643
[email protected]
Commercial Leasing
Tenant Representation
Seniors Housing
Toll Free: 1.888.720.2020
WWW.PRIMECORP.CA
Primecorp Commercial Realty Inc. Brokerage & Primecorp Québec Commerciale Inc., Agence immobilière Ottawa 275 Bank Street, Suite 301, Ottawa, ON K2P 2L6 tel. 613.722.2020 fax. 613.722.9898
Toronto 36 Blue Jays Way, Suite 718, Toronto, ON M5V 3T3 tel. 416.599.3737 fax. 416.214.3690 Montréal 1233, rue De la Montagne, bureau 101, Montréal, QC, H3G 1Z2 tel. 514.396.7878 fax. 866.279.9898
Halifax Broker Affiliate: Partners Global Corporate Real Estate Inc. VANCOUVER Broker Affiliate: Macdonald Commercial www.primecorp.ca
FOR LEASE/SALE
Multifamily Investment For Sale
122-124 Cobourg Street, Ottawa, Ontario
RENT ROLL
Address
122 Cobourg
124 Cobourg
Total
CORP
COMMERCIAL REALTY INC.
BROKERAGE
Expenses
Apartment #
1
2
3
4
5
6
7
1
2
3
4
5
6
7
14
Monthly Rent
$2,200 Incl’Hydro
$995 + hydro
$1,375 + hydro
$995 + hydro
$1,536 + hydro
$1,400 + hydro
$2,025 + hydro
$925 + hydro
$950 + hydro
$1,195 + hydro
$995 + hydro
$1,295 + hydro
$1,125 + hydro
$1,195 + hydro
$18,206
Gross Annual Rent
Parking Revenue
Laundry Revenue
Total Gross Revenue
$218,472.00
$3,900.00
$4,200.00
$226,572.00
Expenses
Realty Taxes
Insurance
Water/Sewer
Heat
Hydro
Management
Landscape
Vacancy Allowance
Total Expenses
$25,408.00
$2,500.00
$12,000.00
$6,000.00
$8,400.00
$8,853.00
$1,000.00
$8,877.00
Net Revenue
$73,038.00
$153,534.00
Remarks:
1.
All Units pay hydro except Unit #1 at 122 Cobourg Street.
2.
10 on-site parking spaces at $65 monthly; 5 currently rented
3.Existing Mortgage to be assumed $1,660,000.00 National
Bank at 4.1% due 03/16
OTTAWA : HEAD OFFICE ::
MONTREAL
::
TORONTO
::
HALIFAX
::
WWW.PRIMECORP.CA
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FOR LEASE/SALE
Multifamily Investment For Sale
122-124 Cobourg Street, Ottawa, Ontario
CORP
COMMERCIAL REALTY INC.
BROKERAGE
GALLERY
kitchen
bedroom
Living room
OTTAWA : HEAD OFFICE ::
bathroom
MONTREAL
::
TORONTO
::
HALIFAX
::
entrance
WWW.PRIMECORP.CA
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FOR LEASE/SALE
Multifamily Investment For Sale
122-124 Cobourg Street, Ottawa, Ontario
CORP
COMMERCIAL REALTY INC.
BROKERAGE
AERIAL VIEW
Ottawa
275 Bank Street
Suite 301
Ottawa, Ontario
K2P 2L6
Tel: 613.722.2020
Fax: 613.722.9898
Toronto
36 Blue Jays Way
Suite 718
Toronto, Ontario
M5V 3T3
Tel: 416.599.3737
Fax: 416.214.3690
Montréal
Primecorp Québec Commerciale Inc.
Agence immobilière
1233, rue de la Montagne, Suite 101
Montréal, (Québec)
H3G 1Z2
Téléphone: 514.396.7878
Télécopieur: 866.279.9898
Halifax
Broker Affiliate
Partners Global Corporate RE Inc.
VANCOUVER
Broker Affiliate: Macdonald Commercial
Primecorp-Macdonald Pacific Rim
Investor Program
Primecorp Commercial
Realty Inc., BROKERAGE
Investment Sales
Commercial Leasing
Tenant Representation
Seniors Housing
AAIDA OAKLEY Broker
Direct: 613.722.2020 x 235
Mobile: 613.266.4270
[email protected]
JOHANNA OAKLEY Sales Representative
Direct: 613.722.2020 x 247
Mobile: 613.277.7643
[email protected]
These statements are based upon the information furnished by the principal and sources which we deem reliable for which we assume no responsibility. This submission is made subject to prior sale, changes in price or terms, or withdrawal with notice. Prospective purchasers or tenants
should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation.
WWW.PRIMECORP.CA