70 RUSSELL AVE new Save Request In-Person Tour Request Virtual Tour
Lower Town - Sandy Hill,ON K1N 7X1
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
Rooms
Family Room No
Kitchen 4
Interior
Cooling Central Air
Exterior
Parking Features Available
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete