Hello OREIO Members,

Are you looking for your next investment property in Ottawa?  If so, this could be the one!  The main floor has 5 bedrooms, which would make this the perfect home to owner occupy while still collecting enough rent to cover your mortgage.  Or you could rent them both and enjoy the cash flow!

Click here to see this property!
Purchase price: $550,000
Cash Required to Close: $120,000
Rents: $42,000 annual
Cash flow: $305/month
Annual ROI: 24%
Lot size:  133x112 (double lot)

Email for more details...

Rich Danby, President of Rich Ottawa Investments (and OREIO)
rich@richottawainvestments.com