Multi-unit
$1,980,000
816 Grenon Avenue
Britannia Heights, Ottawa
- 10 bd
- 6 ba
- Other
1 / 16
$214,999
Britannia, Ottawa, ON K2B7Y8 · MLS® X14127138
Sunset views over Mud Lake from this west-facing 780 sq ft one-bedroom on the 12th floor. A bright, practical layout with a large corner storage closet and underground parking included. The building offers a 40 ft saltwater pool, gym, saunas, library, and billiards and ping-pong rooms. The windows have already been replaced, and a major building-wide renovation is underway covering plumbing, exterior, canopy and garage. It's an affordable way into a well-located building near Mud Lake, transit and the Ottawa River pathways. Photos are virtually decluttered. (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 Lotful Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.