72 Pretoria Avenue
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 $33,658. NOI $102,016. Potential additional parking income $2400.
Features of 72 Pretoria Avenue
| MLS® # | X13719872 |
|---|---|
| Price | $1,985,000 |
| Bedrooms | 8 |
| Bedrooms Plus | 3 |
| Bathrooms | 6.00 |
| Square Footage | 3500-5000 |
| Type | Residential Freehold |
| Sub-Type | Multiplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 72 Pretoria Avenue |
|---|---|
| Area | Ottawa |
| Neighborhood | 4402 - Glebe |
| City | Glebe - Ottawa East and Area |
| Province | ON |
| Postal Code | K1S 1W9 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Garage Type | None |
| Pool | None |
Interior
| Heating | Radiant |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Finished |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | RE/MAX HALLMARK REALTY GROUP |
|---|