348 STEWART STREET, Ottawa, Ontario, K1N6K8

Property Description

NEWER FOURPLEX + HIGH DEMAND LOCATION + GREAT CAP RATE ~ $232,200 income ~ expenses $37,935 ~ Net income $194,265 ~ extraordinary opportunity as this immaculate FOURPLEX is in a class of it's own ~ NEWLY BUILT in 2016 with meticulous care to create gorgeous modern living spaces + blend seamlessly into the heritage neighbourhood of Sandy Hill. ALL FOUR UNITS offer 2500 SQ FT. (approx), expansive balconies, 6 bedrooms each, 2 full bathrooms, in-unit laundry for each unit, red oak hardwood flooring, porcelain tile and hard maple kitchen cabinets. 4 washers, 4 dryers, 4 S/S dishwashers, 4 S/S fridges, 4 S/S stoves, 4 furnaces, 3 central air, HRV, 5 hydro meters included. 9 ft. ceilings in lower level apartment. Very easy building to self manage. Always fully rented out. COVETED LOCATION- nestled on a very quiet, tree-lined street, surrounded in green space, parks (including riverfront Strathcona Park) and unmatched access to boutique shops, fine dining, Ottawa U, embassies, government buildings, Parliament Hill, Rideau Centre, ByWard Market (markets & night-life), Rideau River, NCC pathways along the Ottawa River & more! Picture perfect curb appeal with reclaimed bricks and front balconies for each unit. INCOME & EXPENSE STATEMENT available upon request. Do not miss the chance to add this property to your real estate portfolio. Call today for a private viewing. (id:64974)

Quick Facts

• Property Type: Fourplex
• Bedrooms: 24 (24 above)
• Bathrooms: 8
• Attached: Yes
• Frontage: 53 ft (16.2 m)

Costs

• Annual Taxes: $17,768.45 (2025)

Listing Provided by: RE/MAX HALLMARK REALTY GROUP
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.