REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,600,000
Est. payment | /mo
21 Beds
8 Baths
$ 2,600,000
Est. payment | /mo
21 Beds
8 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 4004 - Sandy Hill
MLS Listing ID X12127216
Style 3-Storey
Bedrooms 21
Building Age 6-15
Annual Tax Amount $16,727
Tax Year 2024
Property Sub-Type Multiplex
Property Description
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! NEW INCOME NUMBERS- Unit 1: $3,998/m, Unit 2: $4,101/m, Unit 3: $4,100/m, Unit 4 $5,850 (6 bed)
Location
Province ON
County Ottawa
Community 4004 - Sandy Hill
Area Ottawa
Zoning R4S
Rooms
Family Room No
Basement Full, Finished
Kitchen 4
Separate Den/Office 5
Interior
Interior Features Carpet Free
Cooling Central Air
Inclusions 4 Refrigerators, 4 Stoves, 4 Washers, 4 Dryers, 4 Dishwashers
Exterior
Parking Features Available
Pool None
Roof Type Asphalt Shingle
Lot Frontage 97.18
Total Parking Spaces 1
Building
Foundation Concrete
Others
Senior Community No
Listed by RE/MAX HALLMARK REALTY GROUP
LSV GROUP
Phone