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$ 550,000
Est. payment | /mo
5 Beds
2 Baths
1,100 SqFt
$ 550,000
Est. payment | /mo
5 Beds
2 Baths
1,100 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $500
Subdivision 3402 - Vanier
MLS® Listing ID X12021462
Bedrooms 5
Originating Board Ottawa Real Estate Board
Property Description
PRIME INVESTMENT OPPORTUNITY in Vanier! Discover this fantastic DUPLEX in the rapidly growing community of Vanier, perfect for investors or owner-occupants looking for rental income. This property features separate HYDRO meters, an OWNED hot water tank and furnace (2013), and a roof updated in 2017. Additional upgrades include modern electrical, new flooring, and updated toilets. With strong rental income potential and an R4U ZONING designation, this property offers flexibility for future development or multi-unit expansion. Located in an area experiencing revitalization, this is an excellent opportunity to INVEST in a high-demand rental market. Upper unit 208 is 1 br & rented for $1300/mth + Hydro. Main level 210 has 5 rooms and is rented for $3900/mth(all inclusive). NOI $46,200, CAP 8.4%. Upgrades-Outer staircase 2024, Furnace & Electrical 2013, paint 2025. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer
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