35 noel street - Primecorp

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TRIPLEX FOR SALE

WITH REDEVELOPMENT POTENTIAL

35 NOEL STREET 390 MARCH ROAD, OTTAWA, ON

A TCN Worldwide Member

OTTAWA, ON

Property highlights include: • Rare opportunity to acquire a triplex in Ottawa’s trendy Beechwood Village • 15 minute walk to Rideau Hall, the greenspace in Stanley Park along the Rideau River and in close proximity to bike paths and greenspace along the Rockcliffe Parkway • Steps away from a luxury condominium development on McKay and Noel Street • Land Size: 3,025SF (27.5 ft frontage by 110 ft depth) • Zoning: R3P with Mature Neighbourhoods Overlay (City of Ottawa Zoning) • 3 Parking spaces at rear • Recent improvements to roof and furnace replaced in 2007 • Property Taxes for 2015 $6,143.87 • Price: $599,000 MAKING A DIFFERENCE LEASING & SELLING REAL ESTATE

Exclusively listed, please contact:

JOHANNA OAKLEY Sales Representative

613.722.2020 ext 247 Mobile: 613.277.7643 [email protected]

OTTAWA OFFICE

275 Bank Street, Suite 301 Ottawa, ON K2P 2L6 Tel: 613.722.2020 Fax: 613.722.9898

PRIMECORP COMMERCIAL REALTY INC., BROKERAGE Commercial Investment Sales | Multi-Residential Investment Sales Retail Leasing | Office Leasing | Property Management @Primecorp1

/Primecorp.Realty

WWW.PRIMECORP.CA Toll free : 1.888.720.2020

TRIPLEX FOR SALE

WITH REDEVELOPMENT POTENTIAL

35 NOEL STREET 390 MARCH ROAD, OTTAWA, ON

A TCN Worldwide Member

OTTAWA, ON

FINANCIALS FOR 2015 Total Annual Revenue Less Expenses Utilities

$36,000.00

Hydro Ottawa - Apt. 1 Hydro Ottawa - Apt. 2 Hydro Ottawa - Apt. 3 City of Ottawa Enbridge 1 Enbridge 2 Total Utilities

($558.63) ($401.27) ($484.21) ($821.90) ($1,881.90) ($51.84) ($4,199.75)

Property Taxes - 35 Noel St. Net Profit

($6,143.87) $25,656.38

TENANT SNAPSHOT LOWER LEVEL 1 bedroom/den, leased on a year term for $750 monthly. Landlord pays heat and hydro. Tenant does building maintenance and snow removal at no cost. FIRST FLOOR 2 bedroom, leased on a year term for $1,020 monthly. Landlord pays hydro. SECOND FLOOR 2 bedroom, leased on a year term for $1,050 monthly. Landlord pays hydro.

These statements are based upon the information furnished by the principal and sources which we deem reliable for which we assume no responsibility. This submission is made subject to prior sale, changes in price or terms, or withdrawal with notice. Prospective purchasers or tenants should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation.

MAKING A DIFFERENCE LEASING & SELLING REAL ESTATE



OTTAWA TORONTO GATINEAU MONTREAL WWW.PRIMECORP.CA

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TRIPLEX FOR SALE

WITH REDEVELOPMENT POTENTIAL

35 NOEL STREET 390 MARCH ROAD, OTTAWA, ON

A TCN Worldwide Member

OTTAWA, ON

AERIAL VIEW OF NEIGHBOURHOOD

SNAPSHOT OF AREA Beechwood Village is a rapidly gentrifying neighbourhood located just east of Ottawa’s downtown core. Touted as the next “Westboro”, the area is already beginning to show signs of new vitality; popular restaurants and speciality stores line the streets. There are at least two high rise condominium projects underway on Beechwood Avenue, with hundreds of other units located within the trade area. In addition to the residential building boom, several new office buildings are slated to begin construction nearby. Local area residents enjoy ample green space along the Rideau River and numerous municipal parks, and popular Ottawa hotspots such as the Byward Market, Parliament Hill and are all within walking distance. The surrounding neighbourhoods of Rockcliffe Park, New Edinburgh and Manor Park are primarily composed of single family homes with a large proportion of federal government employees choosing to reside in these neighbourhoods. Household incomes are above the provincial average, and the former CFB Rockcliffe Airbase is set to undergo significant mixed-use development, adding additional homes and density to this desirable and central area of Ottawa.

These statements are based upon the information furnished by the principal and sources which we deem reliable for which we assume no responsibility. This submission is made subject to prior sale, changes in price or terms, or withdrawal with notice. Prospective purchasers or tenants should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation.

MAKING A DIFFERENCE LEASING & SELLING REAL ESTATE



OTTAWA TORONTO GATINEAU MONTREAL WWW.PRIMECORP.CA

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