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$ 550,000
Est. payment | /mo
5 Beds
2 Baths
$ 550,000
Est. payment | /mo
5 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 3402 - Vanier
MLS Listing ID X12021462
Style 2-Storey
Bedrooms 5
Annual Tax Amount $4,805
Tax Year 2024
Property Sub-Type Duplex
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.
Location
Province ON
County Ottawa
Community 3402 - Vanier
Area Ottawa
Zoning R4E, R4E-c
Rooms
Family Room No
Basement Crawl Space, Unfinished
Kitchen 2
Interior
Interior Features Storage
Cooling None
Inclusions 2 stoves, 2 fridges, 2 washers, 2 dryers.
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Rolled
Lot Frontage 33.0
Lot Depth 95.0
Total Parking Spaces 4
Building
Foundation Block
Others
Senior Community Yes
Listed by EXP REALTY