New Edinburgh - LoopNet · Lot 48 on Plan 98806, City of Ottawa Site Area 40’ X 96’ / 3,852 sf...

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Tom Brethour Broker, Vice-President 613.696.2760 [email protected] Ed Belanger Sales Representative, Vice-President 613.696.2738 [email protected] 211 IVY CRESCENT, OTTAWA, ON New Edinburgh Multi-Unit Investment / Redevelopment Opportunity Partnership. Performance. • Price: $1,100,000 • Sixplex: five 2 bedroom units and one 1 bedroom unit • R4S Zone- Residential Fourth Density, Subzone ‘S’ • NOI = $46,000 (stabilized) • Sale through Court Appointed Receiver • Offers will be considered as of August 30th, 2018 FOR SALE

Transcript of New Edinburgh - LoopNet · Lot 48 on Plan 98806, City of Ottawa Site Area 40’ X 96’ / 3,852 sf...

Page 1: New Edinburgh - LoopNet · Lot 48 on Plan 98806, City of Ottawa Site Area 40’ X 96’ / 3,852 sf Building Size Approximately 4,640 sf of livable area Asking Price $1,100,000.00

Tom BrethourBroker, [email protected]

Ed BelangerSales Representative, [email protected]

211 IVY CRESCENT, OTTAWA, ON

New EdinburghMulti-Unit Investment / Redevelopment Opportunity

Partnership. Performance.

• Price: $1,100,000

• Sixplex: five 2 bedroom units and one 1 bedroom unit

• R4S Zone- Residential Fourth Density, Subzone ‘S’

• NOI = $46,000 (stabilized)

• Sale through Court Appointed Receiver

• Offers will be considered as of August 30th, 2018

F O R S A L E

Page 2: New Edinburgh - LoopNet · Lot 48 on Plan 98806, City of Ottawa Site Area 40’ X 96’ / 3,852 sf Building Size Approximately 4,640 sf of livable area Asking Price $1,100,000.00

The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.

For Sale211 Ivy Crescent, Ottawa, ON

The Offering

This offering consists of a six unit residential apartment building located in the sought after neighbourhood of New Edinburgh in Ottawa, Ontario. The property is being sold through a court ordered process managed by a receiver. All offers must be provided on vendor’s form. Any sale is conditional upon court approval. The property is being sold on an “as is, where is” basis.

Property Profile

211 Ivy Crescent is an older (built circa 1950) two and a half storey sixplex consisting of five 2-bedroom units and one 1-bedroom unit. There are two 2-bedroom units on each of the first and second levels, and one 1-bedroom unit and one 2-bedroom unit on the lower level. Each unit contains a living room, eat-in kitchen and a four-piece bathroom. Interior finishes in the units include hardwood, a mix of ceramic and vinyl tile in the kitchens and bathrooms, wood kitchen cabinets, and laminate kitchen counter tops. Bathrooms in each unit are four-piece and include ceramic floor and wall tiling.

The lower level contains two apartment units, a laundry room, tenant storage facilities, and the utility room. Each tenant is provided with a storage closet included in the monthly rental rate. The laundry facilities contain one coin-operated washer/dryer set. Each unit is metered separately for hydro and each unit has an independent gas-fired hot water heater.There are 3-4 on-site parking spaces accessed via a laneway at the back of the property.

The property is located in one of the most desirable neighbourhoods of Ottawa, “New Edinburgh” with excellent access to downtown, shopping, and a very high level of local green space.

There are currently two vacancies. The vacancies allow any potential purchaser the opportunity to renovate the units and potentially secure a higher rental income. Once renovated, these units would be leased up very quickly based on area attributes.

Zoning

Residential Fourth Density Zone, Subzone ‘S’. Subzone ‘S’ permit a wide variety of housing from principally oriented to singles, semi-detached and townhomes- height cannot exceed three storeys. Subzone ‘S’ refers to site specific minimums – setbacks / height limit and site area for different housing forms. The New Edinburg community is designated as a “Mature Neighbourhood Overlay” this requires any new buildings to comply with similarities to existing homes on the street and would require a “Streetscape Character Analysis” establishing standardized forms.

Page 3: New Edinburgh - LoopNet · Lot 48 on Plan 98806, City of Ottawa Site Area 40’ X 96’ / 3,852 sf Building Size Approximately 4,640 sf of livable area Asking Price $1,100,000.00

The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.

For Sale211 Ivy Crescent, Ottawa, ON

Cap Rate

4.2 % (stabilized)

Financing

Treat as clear

Occupancy

• 5 two-bedroom units (1 vacant)• 1 one-bedroom unit (1 vacant)

Legal Description

Lot 48 on Plan 98806, City of Ottawa

Site Area

40’ X 96’ / 3,852 sf

Building Size

Approximately 4,640 sf of livable area

Asking Price

$1,100,000.00

NOI

• $45,995.00 (annual stabilized NOI based on pre-renovation assumptions)• $32,286.00 (actual 2017 NOI)

Tenancy

All leases are on a month to month basis. An expense statement is available upon request

Page 4: New Edinburgh - LoopNet · Lot 48 on Plan 98806, City of Ottawa Site Area 40’ X 96’ / 3,852 sf Building Size Approximately 4,640 sf of livable area Asking Price $1,100,000.00

The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.

For Sale211 Ivy Crescent, Ottawa, ON

Page 5: New Edinburgh - LoopNet · Lot 48 on Plan 98806, City of Ottawa Site Area 40’ X 96’ / 3,852 sf Building Size Approximately 4,640 sf of livable area Asking Price $1,100,000.00

The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.

For Sale211 Ivy Crescent, Ottawa, ON

Crichton Street

Beechwood Avenue

MacKay Street

Vanier ParkwayNew Edinburgh Park

Rideau Hall

10 MINUTE WALK TO STANLEY PARK

Stanley Park

Putman Avenue

Rideau Terrace

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A M E N I T I E S M A P


E:Sample 2012 2 group2DoneRevit Space ...240 SF 56 SF 54 SF 40 SF 96 SF 73 SF 393 SF 144 SF 125 SF 63 SF 507 185 114 286 570 3,021 SF 85 SF 57 SF 69 SF 89 SF -CAD 800-700-3305 …

E:Sample 2012 2 group2DoneRevit Space ...240 SF 56 SF 54 SF 40 SF 96 SF 73 SF 393 SF 144 SF 125 SF 63 SF 507 185 114 286 570 3,021 SF 85 SF 57 SF 69 SF 89 SF -CAD 800-700-3305 …

ROCKAWAY PLAZA - LoopNet · Retro Fitness AVAILABLE 11,438 SF 10,000 SF 7,892 SF 2,843 SF 850 SF 2,200 SF 900 SF 3,800 SF 250 SF 1,760 SF 1,300 SF 10,000 SF 4,826 SF 2,700 SF 20,995

ROCKAWAY PLAZA - LoopNet · Retro Fitness AVAILABLE 11,438 SF 10,000 SF 7,892 SF 2,843 SF 850 SF 2,200 SF 900 SF 3,800 SF 250 SF 1,760 SF 1,300 SF 10,000 SF 4,826 SF 2,700 SF 20,995

rornelasbus306.weebly.com · Web viewSales Forecast Contract Price Per Unit: $2,000,000 Year 1 2016 Q1 Q2 Q3 Q4 Total Sales per unit 1 1 2 Revenue $ 1,100,000.00 $ 900,000.00 $ 1,100,000.00

rornelasbus306.weebly.com · Web viewSales Forecast Contract Price Per Unit: $2,000,000 Year 1 2016 Q1 Q2 Q3 Q4 Total Sales per unit 1 1 2 Revenue $ 1,100,000.00 $ 900,000.00 $ 1,100,000.00

IDRN “According to the figures released by the Center for Research on Epidemiology of Disasters] in Geneva, 3,852 disasters killed more than 780,000.

IDRN “According to the figures released by the Center for Research on Epidemiology of Disasters] in Geneva, 3,852 disasters killed more than 780,000.

Wr-;;:::t VIRGINIA Procurement VU TECH · $2.04 /SF $1.84 /SF $2.06 /SF $1.93 /SF $2.16 /SF $0.98 /SF $1.64 /SF $2.32 /SF $2.51 /SF $2.22 /SF $4.44 /SF HOURLY RATE WORK 9 10 Drywall

Wr-;;:::t VIRGINIA Procurement VU TECH · $2.04 /SF $1.84 /SF $2.06 /SF $1.93 /SF $2.16 /SF $0.98 /SF $1.64 /SF $2.32 /SF $2.51 /SF $2.22 /SF $4.44 /SF HOURLY RATE WORK 9 10 Drywall

TRIANGLE SHOPPING CENTER - LoopNet...,050 100 7,585 SF SF SF SF SF SF SF SF SF SF SF SF SF SF SF SF SF SF 1 1 1 1 1 1 1 1 1 1 ,050 ,695 ,456 ,975 ,930 ,650 ,625 ,500 ,543 ,500 89 2,344

TRIANGLE SHOPPING CENTER - LoopNet...,050 100 7,585 SF SF SF SF SF SF SF SF SF SF SF SF SF SF SF SF SF SF 1 1 1 1 1 1 1 1 1 1 ,050 ,695 ,456 ,975 ,930 ,650 ,625 ,500 ,543 ,500 89 2,344

BAY SHORE, NY · PENATAQUIT DRIVE existing breezeway barber 3,150 sf 21,335 sf 25,444 sf 17,000 sf 620sf 1,500 sf 16,708 sf 18,036 sf 47,978 sf 23,343 sf storage 95 80’ 47’ 128’

BAY SHORE, NY · PENATAQUIT DRIVE existing breezeway barber 3,150 sf 21,335 sf 25,444 sf 17,000 sf 620sf 1,500 sf 16,708 sf 18,036 sf 47,978 sf 23,343 sf storage 95 80’ 47’ 128’

Crossroads at Taylorsville€¦ · REDWOOD RD DRIVE THRU DRIVE THRU 22,900 SF 14,124 SF GROUND LEASE 12,000 SF 44,986 SF 10,450 SF 19.3' 13,500 SF 1,200-14,000 SF 7,476 SF 1,200 SF

Crossroads at Taylorsville€¦ · REDWOOD RD DRIVE THRU DRIVE THRU 22,900 SF 14,124 SF GROUND LEASE 12,000 SF 44,986 SF 10,450 SF 19.3' 13,500 SF 1,200-14,000 SF 7,476 SF 1,200 SF

Commercial Sales Results - Suburban Land Agencysuburbanland.act.gov.au › uploads › ckfinder › files... · 22/06/2016 Packaged lots 16 Throsby 18-21 39 1,000 4 $1,100,000.00

Commercial Sales Results - Suburban Land Agencysuburbanland.act.gov.au › uploads › ckfinder › files... · 22/06/2016 Packaged lots 16 Throsby 18-21 39 1,000 4 $1,100,000.00

Butterfield Office Plaza - images4.loopnet.com · 4,362 sf 217n 7,187 sf 301n, 305n, 308n 10,193 sf 312e 2,520 sf 335e 725 sf 301e 2,762 sf 300c 651 sf 307e 1,804 sf 310s 2,597 sf

Butterfield Office Plaza - images4.loopnet.com · 4,362 sf 217n 7,187 sf 301n, 305n, 308n 10,193 sf 312e 2,520 sf 335e 725 sf 301e 2,762 sf 300c 651 sf 307e 1,804 sf 310s 2,597 sf

WE'VE GOT THE SPACE. · 2020. 6. 2. · cort 2,980 sf 4,962 sf 2,24 sf 2,42 sf 2,42 sf 3060 sf 4,72 sf 6,503 sf 4,288 sf 2,035 sf 3209 sf 2,800 sf 5,377 sf 9,20 sf 5,986 sf 3532 sf

WE'VE GOT THE SPACE. · 2020. 6. 2. · cort 2,980 sf 4,962 sf 2,24 sf 2,42 sf 2,42 sf 3060 sf 4,72 sf 6,503 sf 4,288 sf 2,035 sf 3209 sf 2,800 sf 5,377 sf 9,20 sf 5,986 sf 3532 sf

946 - 20,469 SF · 2020. 1. 28. · Available 1.3451 AC 7,200 SF 1,689 SF 1,960 SF 1,500 SF 1,200 SF 1,314 SF 3,000 SF 18,283 SF 3,280 SF 2,427 SF 2,000 SF 1,338 SF 1,834 SF 3,564

946 - 20,469 SF · 2020. 1. 28. · Available 1.3451 AC 7,200 SF 1,689 SF 1,960 SF 1,500 SF 1,200 SF 1,314 SF 3,000 SF 18,283 SF 3,280 SF 2,427 SF 2,000 SF 1,338 SF 1,834 SF 3,564

TEMA. Bass Clarinet in Bb for VIOLONCELLO. · p VAR.XII. e dolce f sempre staccato p sf sf sf cresc. sf p sf sf cresc, sf p p cresco sf p cresc. sf sf p dolee p cresc. f p f f pp

TEMA. Bass Clarinet in Bb for VIOLONCELLO. · p VAR.XII. e dolce f sempre staccato p sf sf sf cresc. sf p sf sf cresc, sf p p cresco sf p cresc. sf sf p dolee p cresc. f p f f pp

SCIORTINO RANCH NEW RETAIL - LoopNet€¦ · SCIORTINO RANCH LOCAL COMMERCIAL DEVELOPMENTS 170,262 SF 20,721 SF 29,102 SF 80,000 SF 25,916 SF 460,000 SF 94,000 SF 99,800 SF 3,527

SCIORTINO RANCH NEW RETAIL - LoopNet€¦ · SCIORTINO RANCH LOCAL COMMERCIAL DEVELOPMENTS 170,262 SF 20,721 SF 29,102 SF 80,000 SF 25,916 SF 460,000 SF 94,000 SF 99,800 SF 3,527

FAYETTEVILLE, NC FREEDOM TOWN CENTERcorelife eatery lee nails available loi available available loi leased 21,000 sf 60,004 sf 1,800 sf 2,700 sf 1,500 sf 1,500 sf 1,500 sf 6,900 sf

FAYETTEVILLE, NC FREEDOM TOWN CENTERcorelife eatery lee nails available loi available available loi leased 21,000 sf 60,004 sf 1,800 sf 2,700 sf 1,500 sf 1,500 sf 1,500 sf 6,900 sf

Minnesota ISD #659 – Northfield Public SchoolsAug 12, 2019  · design august 12, 2019 design development 1,060 sf 1,060 sf 750 sf 750 sf 3,620 sf 1,900 sf 3,160 sf 1,380 sf 6,440

Minnesota ISD #659 – Northfield Public SchoolsAug 12, 2019  · design august 12, 2019 design development 1,060 sf 1,060 sf 750 sf 750 sf 3,620 sf 1,900 sf 3,160 sf 1,380 sf 6,440

FOR SALE - LoopNet€¦ · MAP –8725 GOLDEN SPIKE PROPERTY DETAILS FOR INFORMATION CONTACT: MOTIVATED SELLER!!! Asking Price: $1,100,000.00 ($73.33/SF) 15,000 SF Warehouse Built

FOR SALE - LoopNet€¦ · MAP –8725 GOLDEN SPIKE PROPERTY DETAILS FOR INFORMATION CONTACT: MOTIVATED SELLER!!! Asking Price: $1,100,000.00 ($73.33/SF) 15,000 SF Warehouse Built

MARION DIEHL · 1 first floor plan color 449 sf staff 5763 sf gym 1590 sf fitness 1416 sf multi-purpose 225 sf kitchen 332 sf mech 395 sf pump 267 sf elec 375 sf storage 118 sf storage

MARION DIEHL · 1 first floor plan color 449 sf staff 5763 sf gym 1590 sf fitness 1416 sf multi-purpose 225 sf kitchen 332 sf mech 395 sf pump 267 sf elec 375 sf storage 118 sf storage

The Shoppes at Grand Prairie Tenant Overview Anchor ... · DICKS Anchor Opportunity 153,018 SF 65,000 SF 28,000 SF 21,000 SF 20,760 SF 17,416 SF 15,000 SF 467,526 SF Revision Date:

The Shoppes at Grand Prairie Tenant Overview Anchor ... · DICKS Anchor Opportunity 153,018 SF 65,000 SF 28,000 SF 21,000 SF 20,760 SF 17,416 SF 15,000 SF 467,526 SF Revision Date:

FOR SALE > RESTAURANT Redevelopment Opportunity...e01 sf 4,342 e02 sf 4,800 e06a sf 1,890 e07 sf 1,570 e10 sf 1,260 e11a 3,200 e13 sf 3,000 g01 sf 2,250 g02 sf 1,204

FOR SALE > RESTAURANT Redevelopment Opportunity...e01 sf 4,342 e02 sf 4,800 e06a sf 1,890 e07 sf 1,570 e10 sf 1,260 e11a 3,200 e13 sf 3,000 g01 sf 2,250 g02 sf 1,204