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Multiplex · For sale

72 Pretoria Avenue, Glebe - Ottawa East and Area

$1,985,000

Listing brokerage: RE/MAX HALLMARK REALTY GROUP · MLS® X13719872

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage
RE/MAX HALLMARK REALTY GROUP
Type
Multiplex
Deal
For sale
Category
Residential · Multi-unit homes
Bedrooms
11
Bathrooms
6
Size
3500-5000 sq ft
Lot
40 x 100.15 ft
Area
4402 - Glebe
MLS® number
X13719872

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 $30,340. NOI $105,334. Potential additional parking income $2400.

Public records · not part of the MLS® listing

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