72 Pretoria Avenue, Glebe - Ottawa East and Area, ON K1S 1W9 $1,985,000 For Sale

About Property

This 6-unit fully tenanted residential building offers strong holding power, consistent rental demand, and valuable upside for savvy investors or portfolio builders. Composed of five 2-bedroom units, and a 1 bedroom unit. Coin operated laundry in the building. 2 parking spaces can generate extra income. Tenants pay hydro. Roof (2018), Windows (2016), Boiler (2025). Grocery store, LCBO, TD Bank, the Canal and bike/walking trail all located across the street, minutes to Carleton and Ottawa University, downtown government employment hubs, Highway 417 access and more; this easily attracts tenants making it easy to rent. FUTURE DEVELOPMENT POTENTIAL. Plans to add a building in the back have been approved with the City and ready to start. Whether you are looking to acquire a turnkey income generator, or secure a prime piece of central Ottawa real estate, 72 Pretoria Avenue delivers location, scale, and long-term capital appreciation potential.

Property Facts

• Property Type: Residential Freehold
• Property Subtype: Multiplex
• Laundry Ensuite: No
• Heating Source: Gas
• Heating Type: Radiant
• Cooling: None
• Region: 4402 - Glebe

Features

No features listed.