$834,900
About this Detached
Looking for a bungalow with a LEGAL secondary unit? Live in one unit and help pay your mortgage with the other, or rent out both and enjoy the monthly cash flow! The upper unit offers 3 bedrooms, quartz countertops, SS appliances, in-unit stacked laundry and NO carpet to be found. The lower unit also offers quartz counters, in-unit stacked laundry and NO carpet. There's also an ensuite bath and walk-in closet for one of the 3 bedrooms, and a second full bath as well. SDU conversion completed in 2021 with 2 hydro meters, plumbing/electrical and HVAC updates. Sitting on a large 60 x 90 lot, the location is fantastic surrounded by schools and parks, and situated conveniently close to Place d'Orleans, transit/future LRT stop, highway access and all the amenities of Tenth line and Innes. Previous rents were $2600 and $2450/month with an annual NOI of $49,800 and 5.96% CAP rate. Both units are currently vacant so you can easily move in to either unit or set your own rents. A fantastic opportunity for whatever your plans are!!
Listed by COLDWELL BANKER FIRST OTTAWA REALTY.
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Features
- MLS®: X12595998
- Type: Detached
- Bedrooms: 3
- Bathrooms: 3
- Square Feet: 700 sqft
- Lot Size: 5,400 sqft
- Frontage: 60.00 ft
- Depth: 90.00 ft
- Year Built: 5199
Neighbourhood Intelligence by HoodQ
Here is a brief summary of some amenities close to this listing (351 Amiens Street, Bilberry Creek/Queenswood Heights, Orleans), such as schools, parks & recreation centres and public transit.
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