Exceptional investment opportunity! This 2019-built fourplex in the highly sought-after Aylmer sector generates annual revenues of $73,200. Featuring 2 modern 1-bedroom units and 2 spacious 2-bedroom units, this well-maintained property offers excellent income potential with opportunities for further optimization. The building also includes 4 parking spaces and 4 outdoor storage units. Ideally located close to all amenities and just 5 minutes from Ottawa, this is a strategic addition to any real estate portfolio. Act quickly!
* Fully leased building generating immediate and stable income * Tenants pay their own heat and electricity, maximizing net revenue * Recent construction with contemporary design and low maintenance requirements * Strong unit mix: 2 one-bedroom units and 2 two-bedroom units * Open-concept layouts highly sought after by tenants * Modern kitchens and quality finishes throughout * Wall-mounted air conditioning for added tenant comfort * In-unit washer and dryer hookups in every apartment * Durable fiberglass and aluminum balconies with minimal upkeep * 4 parking spaces and 4 outdoor storage units * Prime location near an elementary school, daycare, amenities, and the Rivermead Park-and-Ride * High-demand rental area just minutes from Ottawa * Simplified property management and low operating costs * Potential for future rental optimization and long-term appreciation * Turnkey investment with no work required
Building details and property interior
Dimensions
29' X 46'
Year constructed
2019
Living area
3,218 ft²
Windows
PVC
Siding
Brick, Pressed fibre
Roofing
Elastomeric membrane
Kitchen Cabinets
Melamine
Lot and exterior features
Lot size
17' X 321'
Lot area
5,531 ft²
Topography
Flat
Driveway
Asphalt
Parking (total)
Driveway (4)
Proximity
Golf, Park, Bicycle path, Elementary school, High school, Public transportation, Daycare centre, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Wall-mounted air conditioning, Air exchange system
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
Lot assessment
$ 231,300
Building assessment
$ 731,600
Total
$ 962,900
Taxes
Municipal
(2026)
$ 9,001
School
(2026)
$ 696
Total
$ 9,697
Annual expenses
Common expenses
$ 2,784
Total
$ 2,784
Gross annual revenues (potential)
Residential
$ 73,200
Total
$ 73,200
Inclusions and exclusions
Inclusions
4 water heaters, 4 air exchangers, light fixtures, 4 dishwashers, and wall-mounted air conditioners. The stoves, refrigerators, washers, and dryers for Units 300-1 and 300-4 are included.