Great Investment Opportunity for the Caring Investor - making a difference in Ottawa

Extra large residential 4 plex, three 3 bedroom units, plus a new story additionin 2003 housing a 7 bedroom townhouse. Great rents, great income opportunity. Right next to new Edinburgh Place development. For more info on this exciting opportunity contact Eric Manherz today at 238-2801!

This place is currently run as apartments with services housing 16 residents with mild psychiatric  - getting 3 meals per day with a live in manager.  Manager works on contract and does all the food buying, preparation and leasing of units.   Each resident pays between 600 to 800 per month depending on room with $313 of each of those rents covering the food and management costs.  This place has been run in this manner for roughly 10 years.

Buy and hold - keeping the management team in place or manage it yourself and keep great profits!

More Photos: To see more pictures of this property click here or click on the Property Listings link in the left margin. When you see the photos click on any one of them to bring up a larger view and a slide show.

 To view more specifications, click on the printable flyer below.