Glebe - Ottawa East and Area, 4407 - Ottawa East, K1S 0Z8
$2,285,000
Listed by ROYAL LEPAGE TEAM REALTY.
Flooring: Tile, Flooring: Marble, 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 one Ottawa's most desirable locations. Not a single element overlooked in this property, Brazilian granite countertops, Spanish cabinetry, and Italian marble floors 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 has 2BED/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. Minutes away from Downtown Ottawa, uOttawa, Lees LRT, Rideau River, Lansdowne Park and HWY 417. Impressive financials available.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
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