66 Spadina Avenue

$765,000

Neighbourhood: Hintonburg

  • Property Type: Multi-Unit
  • Style: Fourplex
  • MLS Number: 797271
  • Lot Size: 50.00 x 70.00
  • Total Parking: 4

Great investment opportunity in the heart of Hintonburg. Each of the four units in this newer construction fourplex, has two bedrooms, neutral decor and its own street entrance and laundry, plus separate hydro, gas heat and central A/C. There are four legal parking spaces and up to six vehilces can be accommodated. The two units on Spadina Avenue are up/down and each has a balcony. The two units kitty-corner on Laurel Avenue are side-by-side row units with full basements and are both rented for month to month. Tenants pay their own heat and hydro. The property includes a lovely patio area. Great investment as it is or consider converting it to condominiums. Must be seen!

Please contact us for viewing times.

Rooms

  • Measuements As Per Builder Plans
  • SPADINA UP&DOWN LOWER UNIT:
  • Living/Dining Room: (main) 16.04 x 15.02
  • Kitchen: (main) 9.02 x 7.00
  • Master Bedroom: (main) 15.09 x 9.00
  • Bedroom #2: (main) 11.10 x 9.07
  • Full Bath: (main) 4-Piece
  • Laundry Room
  • SPADINA UP&DOWN UPPER UNIT:
  • Living/Dining Room: (second) 15.02 x 13.06
  • Kitchen: (second) 9.02 x 7.00
  • Master Bedroom: (second) 15.09 x 9.00
  • Bedroom #2: (second) 11.10 x 9.07
  • Full Bath: (second) 4-Piece
  • Laundry Room
  • LAUREL SIDE BY SIDE UNITS:
  • Foyer: (main) 8.03 x 5.04
  • Living/Dining Room: (main) 19.10 x 14.10
  • Kitchen: (main) 8.03 x 7.09
  • Master Bedroom: (second) 12.03 x 10.04
  • Bedroom #2: (second) 12.03 x 9.12
  • Full Bath: (second) 4-Piece
  • Laundry Room

Utilities

  • Heat: Paid by Tenant
  • Hydro: Paid by Tenant
  • Water: $1,747/year (approx.)

Extra Info

  • Annual Property Tax: $6,307 / 2011
  • Property Insurance $1314/year (approx.)
  • Maintenance $500/year (approx.)
  • Current Rents $900-$1000/mo
  • All Tenants are Month-to-Month
  • #2-66 Spadina Owner-Occupied
  • Projected Income for Owner-Occupied Unit $1200/mth (approx.)

Inclusions

  • 4 Hot Water Tanks
  • 4 High Efficiency Furnaces
  • 4 Refrigerators
  • 4 Stoves
  • 4 Hood Fans
  • 4 Dryers
  • 4 Washers
  • 4 Central Air Units
  • All Blinds
  • 1 Small Garden Shed

Exclusions

  • Tenants Belongings
  • Tenants Large Shed

Community

  • Public Transit Nearby
  • Shopping Nearby
  • Recreation Nearby

66 Spadina Avenue
Ottawa, Ontario

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