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$ 795,000
Est. payment | /mo
5 Beds
2 Baths
$ 795,000
Est. payment | /mo
5 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10629536
Style Unknown
Bedrooms 5
Annual Tax Amount $4,678
Tax Year 2024
Property Description
Renovated Legal Duplex Take advantage of a unique legal duplex opportunity before the spring market heats up! Whether youre an investor or looking for a home with rental income, this property combines modern renovations, strong financials & redevelopment potential. Property Features: 2 Units: Unit 1: Lower Unit Bright 2-bedroom unit rented at $1,790/month until May 2025. Separate Garage: Perfect for storage or additional rental income. Unit 2 (Vacant): Upper Unit Renovated 3-bedroom unit with modern finishes, rented at 1,990/month. Separately metered, tenants pay all utilities. Zoning: R4 excellent potential for redevelopment or future expansion. Why This Property is a Smart Buy: Investors: Gross Income: $45,360/year, Net income after expenses: $39,050. ROI: Solid 5% at the current list price. Homeowners: Move into the vacant unit and let rental income help with your mortgage! Financial Snapshot: Annual Property Taxes (2024): $4,678. Annual Insurance: $1,632, Flooring: Hardwood, Flooring: Laminate
Location
Province ON
County Ottawa
Community 3402 - Vanier
Area Ottawa
Region 3402 - Vanier
City Region 3402 - Vanier
Rooms
Family Room No
Basement None, None
Kitchen 0
Interior
Interior Features Unknown
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Unknown
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Story 2
Unit Features Public Transit,Park,Fenced Yard
Foundation Concrete
Others
Security Features Unknown
Listed by EXP REALTY