10 Chestnut ST Active

Ottawa,ON K1S 0Z8

$ 2285000

5 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9264592

Style 3-Storey

Bedrooms 5

Annual Tax Amount $13,265

Tax Year 2024

Property Description

10 Chestnut St, a gem of a property in Old Ottawa East, incredibly fully furnished AAA newer PURPOSE BUILT 3 UNIT + In Law Suite building in oneOttawa's most desirable locations. Not a single element overlooked in this property, Brazilian granite countertops, Spanish cabinetry, and Italian marblefloors are just some of the spectacular features of this property, the list goes on and on. The main floor unit has 1BED/1.5 BATH, 2nd floor has2BED/1.5BATH, 3rd floor has 2BED/1.5BATH, BSMT has 1 BED/1BATH. Original owner/developer has kept this property in pristine condition. This property offers many opportunities to have an income stream - 1) takeover the already thriving Airbnb (250+ reviews) business ran by the seller, 2) rent as high-end furnished rentals 3) owner occupy 1 unit and rent the others out, many options available.One of the highest quality built buildings in this neighbourhood, no rental equipment. No artwork / accessories included in sale, all other furnishings are included, all appliances etc, contact LA1 for complete list. Currently 3 upper units are being run on AirBnb with 250+ reviews as a high end short termrental, can also be rented longterm furnished, or owner occupied. Basement suite is vacant and can be rented or put on Airbnb. Lots of demand for shortterm luxury rentals near this area, untapped market. Owner is a RECO registrant. No assumable financing available. The basement unit has access from both unit 1 and the outside. Units on the 2nd, and 3rd level have balconies. Minutes away from Downtown Ottawa, Lees LRT, RideauRiver, Lansdowne Park and HWY 417. Impressive financials available.

Location

State ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Separate Entrance,Finished

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Water Heater,Carpet Free,In-Law Capability,Water Heater Owned

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Private

Garage Spaces 4.0

Pool None

Waterfront No

Roof Type Flat

Parking Type None

Total Parking Spaces 4

Building

Foundation Poured Concrete

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