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$550,000
Est. payment /mo
5 Beds
2 Baths
1,099 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,099 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 is has 1 br and is rented for $1300/mth + Hydro. Main level is rented by rooms with 4 /5 rooms generating $3700/mth(all inclusive). NOI $46,200, CAP 8.4%. Showings only permitted on approved conditional offers. Upgrades-Roof 2017, Furnace & Electrical 2013. (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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Listed by EXP REALTY