$3,600,000
FOR SALE

Investment

Lot: 86 x 100 ft
2024 Taxes: $18,662Maintenance Fees: $2,000

17 MARLBOROUGH Ave E
Lower Town - Sandy Hill, ON K1N 8E6 | 4004 - Sandy Hill | Ottawa

One of Sandy Hill's most elegant properties. The building was formerly home to the Italian Embassy. This brick and stone classic was converted into a legal non conforming 7 unit apartment dwelling + coach house with 7 parking spots and extensive renovations done throughout. These are unique units that are rarely seen on market. Just 1 block from Strathcona Park along the Banks of the Rideau River. Walking distance to the University of Ottawa, Parliament Hill, Byward Market, Rideau Centre, National Arts Centre and Minto Sports Complex.
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Listed By RIGHT AT HOME REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9518868
Last Updated Jan 10, 2025
Property Summary
Property Type Investment

More like this:
Use Apartments - 6 to 12 Units
Category Apartment
PIN 042080074
Legal Description PT BLK 26, PL 15632 , AS IN N727884 ; OTTAWA/NEPEAN
Occupancy Tenant
Possession Date TBD
Taxes (2024) $18,662
Maintenance Fees $2,000
Directions/Cross Streets Laurier to Marlborough Ave.
Neighbourhood 4004 - Sandy Hill
Area Ottawa
Price History

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Detailed Information
Freestanding Y
Lot 86 x 100 ft
Elevator None
Air Conditioning Part
Garage Type Outside/Surface
Parking Spaces 7
# Trailer Parking Spots 7
Heat Type Radiant
Gross Income/Sales $202,940
Net Income Before Debt $151,869
Hydro Expense $4,000
Water Expense $4,500
Heat Expenses $7,720
Insurance Expense $9,689
Operating Expenses $51,071
Taxes Expense $18,662
Other Expenses $4,500
Expenses Actual/Estimated Act
Outside Storage N
Sprinklers Y
Sewers San+Storm
Water Municipal
Crane N
Zoning R4F
Seller Property Info Statement N

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