$515,805
6508 Homecraft Street
Goulbourn Twp From Franktown Rd/South To Rideau, Ottawa
- 3 bd
- 3 ba
- Row / Townhouse
1 / 24
$1,499,900
Goulbourn Twp From Franktown Rd/South To Rideau, Ottawa, ON K0A2Z0 · MLS® X13849744
Prime Investment Opportunity - Fully Leased Commercial Property on a half-acre lot (23,250 sq ft). An exceptional opportunity for the discerning investor: this fully leased property features three stable tenants generating a total gross annual rental income of $128,400. All tenants share hydro costs equally, while the landlord covers property taxes, insurance, water, landscaping, environmental services, and snow removal - streamlining management and enhancing tenant satisfaction. The front section of the lot has been recently paved, ensuring excellent curb appeal and functionality. Zoned RG3[151r], the property offers strong current cash flow with exciting future development potential, as a new residential subdivision is being constructed directly behind the site-presenting opportunities to service this growing community. Please note: storage containers located at the rear of the property are excluded from the sale. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Sutton Group - Ottawa Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.
$515,805
Goulbourn Twp From Franktown Rd/South To Rideau, Ottawa
$1,900,000
Goulbourn Twp From Franktown Rd/South To Rideau, Ottawa
Multi-unit
$1,900,000
Goulbourn Twp From Franktown Rd/South To Rideau, Ottawa