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420 Bronson Avenue Image 1

$1,250,000

$1,300,000
3.8% dropped

Last price change Jun 1

May 10Multiplex For Sale
bedrooms5bed
washrooms3bath
MLS - #X12139312

420 Bronson Avenue, West Centre Town, ON K1R 6J6

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Average Price
125000000.0%
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Price Comparison

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Property Description

Property type

Multiplex

Lot size

N/A

Style

Other

Approx. Area

N/A

About 420 Bronson Avenue

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 $84,792 per year in gross income, with a solid net operating income of approximately $66,712 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!

Home Overview

Last updated

Jun 1

Virtual tour

None

Basement information

None

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

2024

Listed by RIGHT AT HOME REALTY

Additional Details

Basement:None
Cooling:None
Heating:Water
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 420 Bronson Avenue

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