For Sale

1160 MERIVALE Road, Ottawa, Ontario K1Z6B5

$3,400,000

1160 MERIVALE Road, Ottawa, Ontario K1Z6B5 is For Sale and has a listing price of 3,400,000. The property is located in the Carlington neighbourhood. It's been on the website for 111 Days.

  • Multi-family
    Property Type
  • 11
    Parking Spaces
  • MLS ID: 1404689
  • Office Name ROYAL LEPAGE PERFORMANCE REALTY,ROYAL LEPAGE PERFO
Property Description

This purpose-built 16 unit is well maintained and walking distance to many amenities including the experimental farms, transit, dining and shopping. The building offers a mix of 4 bachelor apartments and 12 one bedroom apartments with an elevator, onsite fitness room, coin operated laundry facilities, and a total of 11 parking spots. Each unit is separately metered for hydro and has one – two balconies. This is a Great Investment opportunity with Significant Upside Potential in NOI. Sellers will Consider a VTB up-to 75% for Qualified Buyers. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: 1404689
  • Price: $3,400,000
  • Transaction Types: For Sale
  • Ref ID: 27228493
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
07/29/2024 1404689 $3,400,000 For Sale - -
06/28/2023 1348668 $3,599,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Carlington
  • $761,941 Average List Price
    based on 1 year
  • 26 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.61 % Below
  • Sold (12mo) 4
  • Rented (12mo) 2

  • 1 Month Change -25.9%
  • 3 Month Change -30.4%
  • 6 Month Change +2.8%
Walkscore
  • 75 Walk Score
    Very Walkable
  • 51 Transit Score
    Good Transit
  • 93 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    61.03%
  • Commercial
    17.28%
  • Condo
    19.85%
  • Land for Sale
    1.84%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Electric
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Exterior Brick
  • Total Parking Spaces: 11
  • Fireplace False
  • Security Security
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/07/2024 00:00:00
  • Zoning Fd/m4/ep
  • Agent Name: Michael Gorley,Charles Gorley,Stephane Lalonde
  • Last Updated: 30/07/2024 14:11:36
Open House Dates
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