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$1,485,000
ActiveAbout this Property
Exceptional opportunity to own a turnkey 5-unit income property in sought-after Rideau Gardens, just steps from the scenic Rideau River and Brighton Beach Park. The building offers a unit mix of four 1-bedroom apartments and one spacious 4-bedroom unit, appealing to a wide tenant base. Four of the five units are tastefully renovated, making this a true turnkey investment at a 6% CAP rate! One of the 1-bedroom units can be vacant upon possession, providing flexibility for an owner-occupier or the opportunity to set market rent. Located in a quiet, established neighborhood with easy access to parks, pathways, transit, and amenities, the property also features parking for five vehicles - a rare and valuable bonus in this prime location with spectacular views from large balconies. A strong, income-producing asset in one of Ottawa's most desirable river-adjacent communities.
Listed by EXP REALTY · MLS# X13042546
About Old Ottawa South
Old Ottawa South is a residential gem tucked between the Rideau Canal and the Rideau River, offering one of the city's most coveted combinations of urban convenience and neighbourhood tranquility. Located just south of The Glebe and north of Carleton University, this compact but character-rich community has cultivated a fiercely loyal resident base who appreciate its walkability, natural beauty, and genuine community connections.
Features & Details
Property details of 42 Brighton Avenue, Ottawa, ON
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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