$1,250,000
Available - For Sale
Listing ID: X12114362
1422 Goth Aven , Blossom Park - Airport and Area, K1T 1E4, Ottawa


GENERATIONAL WEALTH PLAY + VTB for up to $1m on a FIRST MORTGAGE! Fourplex plus an in-law suite... New to Canada and have cash but struggle to get a mortgage?... this is for you! Investor looking for a big piece of land to eventually build a larger multiplex? This property is for you. This property is great to live in the main house and keep the rental income until you demolish and build a large multi units... endless possibilities! Gross income is $90,000 (including main house) and expenses are $26,000 = $64,000 NOI. HUGE LOT - 97 x 105feet irregular on municipal water and sewer in the heart of Blossom Park! R4Z(1078) zoning - high density multi-residential. There is so much to explore... but if you have a creative mind... it's yours to discover!
Price $1,250,000
Taxes: $7246.00
Assessment Year: 2024
Occupancy: Tenant
Address: 1422 Goth Aven , Blossom Park - Airport and Area, K1T 1E4, Ottawa
Directions/Cross Streets: Albion Rd S
Rooms: 20
Bedrooms: 8
Bedrooms +: 1
Family Room: F
Basement: Finished
Washroom Type No. of Pieces Level
Washroom Type 1 4
Washroom Type 2 3
Washroom Type 3 4
Washroom Type 4 3
Washroom Type 5 4
Washroom Type 6 4
Washroom Type 7 3
Washroom Type 8 4
Washroom Type 9 3
Washroom Type 10 4
Total Area: 0.00
Property Type: Fourplex
Style: 2 1/2 Storey
Exterior: Vinyl Siding, Brick
Garage Type: Attached
Drive Parking Spaces: 8
Pool: None
Approximatly Square Footage: 3000-3500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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$ /Year
$ /Year
$ /Year
Years
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%
Percent Down:
Down Payment $62,500 $125,000 $187,500 $250,000
First Mortgage $1,187,500 $1,125,000 $1,062,500 $1,000,000
CMHC/GE $47,500 $34,875 $29,750 $0
Total Financing $1,235,000 $1,159,875 $1,092,250 $1,000,000
Monthly P&I $6,094.5 $5,723.77 $5,390.06 $4,934.82
Expenses $0 $0 $0 $0
Total Payment $6,094.5 $5,723.77 $5,390.06 $4,934.82
Income Required $228,543.81 $214,641.5 $202,127.11 $185,055.72

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Years
$3,084.26
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP
Personal Picture
Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
 
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At a Glance:
Type: Freehold - Fourplex
Area: Ottawa
Municipality: Blossom Park - Airport and Area
Neighbourhood: 2605 - Blossom Park/Kemp Park/Findlay Creek
Style: 2 1/2 Storey
Lot Size: x 105.75(Feet)
Approximate Age:
Tax: $7,246
Maintenance Fee: $0
Beds: 8+1
Baths: 7
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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