72 Pretoria Avenue
Glebe - Ottawa East And Area, K1S 1W9
FOR SALE
$1,985,000
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Investment
CATEGORY 40 x 100.15
LOT SIZE X13719870
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Property Description
This 6-unit fully tenanted residential building offers strong holding power, consistent rental demand, and valuable upside for savvy investors or portfolio builders. Composed of five 2-bedroom units, and a 1 bedroom unit. Coin operated laundry in the building. 2 parking spaces can generate extra income. Tenants pay hydro. Roof (2018), Windows (2016), Boiler (2025). Grocery store, LCBO, TD Bank, the Canal and bike/walking trail all located across the street, minutes to Carleton and Ottawa University, downtown government employment hubs, Highway 417 access and more; this easily attracts tenants making it easy to rent. FUTURE DEVELOPMENT POTENTIAL. Plans to add a building in the back have been approved with the City and ready to start. Whether you are looking to acquire a turnkey income generator, or secure a prime piece of central Ottawa real estate, 72 Pretoria Avenue delivers location, scale, and long-term capital appreciation potential. Gross Income $135,675. Operating expenses $33,658. NOI $102,016. Potential additional parking income $2400.
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Property Details
Address
72 Pretoria Avenue
Community
Postal Code
K1S 1W9
Property Type
Investment, Investment
Use
Apartment
Zoning
R4S
Lot Size
40' x 100'
Taxes
$15,734 (2026
Heat Type
Radiant
Water
Municipal
Garage Type
None
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Listing contracted with Re/Max Hallmark Realty Group
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