$5,250,000
Available - For Sale
Listing ID: X13538878
1258-12 Marenger Street , Orleans - Convent Glen and Area, K1C 1S2, Ottawa
| CDN GLOBAL (OTTAWA) LTD. is pleased to present 1258-1260 Marenger Street, Ottawa, Ontario, a recently constructed 12-unit multi-residential investment property located in the desirable Convent Glen South neighbourhood of Orleans. Completed in 2023, the development consists of two modern three-storey stacked townhouse buildings comprising a total of 12 residential units. The property offers a highly desirable unit mix of spacious two-bedroom suites featuring contemporary finishes, in-suite laundry, central heating and air conditioning, and private rear patios with yard space. Each unit is equipped with a refrigerator, stove, hood fan, dishwasher, washer and dryer, and rental hot water tank. The property benefits from 16 on-site parking spaces for residents and visitors and is strategically positioned within a well-established residential community known for its strong tenant appeal and convenient access to amenities. Located north of St. Joseph Boulevard and west of Jeanne d'Arc Boulevard, the property enjoys excellent connectivity to Highway 174, OC Transpo bus routes, and the Jeanne d'Arc LRT Station, located approximately 950 meters away. Residents are within walking distance of neighbourhood retail, restaurants, services, parks, and recreational amenities, while remaining just minutes from the broader commercial offerings along Innes Road. |
| Price | $5,250,000 |
| Taxes: | $41316.78 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 1258-12 Marenger Street , Orleans - Convent Glen and Area, K1C 1S2, Ottawa |
| Postal Code: | K1C 1S2 |
| Province/State: | Ottawa |
| Legal Description: | PART OF PARK LOT 12, PLAN 162, DESIGNATE |
| Directions/Cross Streets: | St. Joseph Blvd & Jeanne D'Arc Blvd. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 15231.00 |
| Total Area Code: | Square Feet |
| Management Expense: | 17490 |
| Water Expense: | $8948 |
| Vacancy Allowance: | 3960 |
| Net Income Before Debt: | $251252 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CDN GLOBAL (OTTAWA) LTD. |
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Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Orleans - Convent Glen and Area |
| Neighbourhood: | 2006 - Convent Glen South |
| Tax: | $41,316.78 |
| Fireplace: | N |
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