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Currently operating as a Dental Office & Denture Centre with 3 additional private residential apartments. Zoning allows for a versatile array of uses for main floor office space. Modern layout and high quality finishes throughout. No need to deal with below market rents since residential units are readily vacant and meticulously taken care of. Tremendous upside potential for savvy investors offering a 5.81% cap rate at full capacity. Alternatively, the ideal investment for professionals seeking to open their own practice benefiting with a combined work and live-in space. Stand out in your industry as you mitigate overhead operating costs while maximizing the rental income potential. Drastically eliminate your commute time while increasing efficiency and quality of life. Convenient location with simple public transit accessibility. Strategic corner lot allows for enhanced visibility for high foot traffic directly off Yonge St. Private driveway allows for 12 vehicle parking spaces in tandem with the potential to expand. Oversized garage allows for additional parking / storage space or possible conversion. Truly an exceptional opportunity to enhance your real estate portfolio and fast track your success! **EXTRAS** 1st Floor fully equipped dental office designed to accommodate wide range of dental services. 2nd Floor apartment: spacious 3 bed unit w/ massive loft. Basement: 1 bed & bachelor unit. 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Description
Excellent Investment Opportunity in the Heart of Hintonburg!Welcome to 65 Armstrong Street a fully leased, income-generating property located in one of Ottawas most sought-after neighbourhoods. This three-story building features 19 rooms and consistently maintains full occupancy, making it an ideal addition to any investors portfolio.Prime Location. Strong Rental History. Turnkey Asset.Please note: This property must be sold together with the neighbouring property at 61 Armstrong Street, which offers an additional 17 rooms for a combined total of 36 rooms across both properties. Don’t miss out on this rare opportunity to own two high-performing rental properties in a vibrant, amenity-rich area.
Details
MLS® Number
X12099250
X12099250
Additional details
- Utilities: Yes
- Cooling: No
- County: Ottawa
- Property Type: Commercial Sale
Address
- Address 65 Armstrong Street
- City West Centre Town
- State/county ON
- Zip/Postal Code K1Y 2V6
- Country CA