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277-284 Irene Cres

18 Unit Apartment Building $3,023,910 USD ($167,995 USD/Unit) Ottawa, ON K1Z 7J2

Investment Highlights

  • Located in the heart of Westboro, Ottawa
  • With R4UC Zoning in place, it allows for a wide variety of residential building forms ranging from detached to low rise apartment dwellings
  • Close proximity to major transportation arteries, including Highway 417

Executive Summary

277, 283 & 284 Irene Crescent, located in Ottawa, Ontario. In each apartment building there is a range of both 1 and 2 bedroom units at well below market rents (almost 30% below market compared with CMHC market rents). 18 units in total in the 3 buildings

Attachments

Brochure

Property Facts

Price $3,023,910 USD
Price Per Unit $167,995 USD
Sale Type Investment
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.95 AC
Building Size 17,000 SF
No. Stories 3
Year Built 1951
Parking Ratio 1.47/1,000 SF
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R4UC
R4UC
  • Listing ID: 31546321

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: 277-284 Irene Cres, Ottawa, ON K1Z 7J2

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