111 Guigues Avenue

A rare opportunity to rebuild in a sought-after location! Located in a vibrant and central area, this spacious triplex presents an excellent investment opportunity with strong rental income potential. Plans and city building permits are in hand to rebuild it more or less as it was, making this ideal for renovators ready to move quickly. Offering a total of seven bedrooms and three bathrooms across three well-configured units, it's an ideal addition to any investor's portfolio. The ground-level Unit 109 features three bedrooms and one bathroom, while the second level is home to two separate units. Unit 111 and Unit 107, each offering two bedrooms and one bathroom. The property is efficiently set up with three hydro meters, three water meters, and new owned boiler and hot water tank (Oct 2024). A full-height, unfinished basement provides ample storage space and potential for future development. Situated close to Ottawa's shops, cafés, and restaurants, this property benefits from excellent accessibility and strong tenant appeal. With operating income and expense details available upon request, this is a solid and versatile investment opportunity in one of the city's well-known and convenient locations. Offer presentation on October 21st at 8 pm. No conveyance of any written offers prior to October 21st at 8 pm.