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$ 2,285,000
Est. payment /mo
Active
10 Chestnut ST Ottawa, ON K1S 0Z8
5 Beds
UPDATED:
08/21/2024 08:25 PM
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
Listed by RE/MAX GOLD REALTY INC.